BlackletterCalifornia law

Insurance Code § 4097.20

ARTICLE 10. Conversion of an Incorporated Medical Malpractice Mutual Insurer into an Incorporated Stock Insurer

Current as of September 28, 2026Ins. Code, § 4097.20Official source ↗

Added by Stats. 1998, Ch. 421, Sec. 4. Effective January 1, 1999.

If the name of a mutual insurer converting to a stock insurer pursuant to this article includes the word “mutual,” the new stock insurer may continue to use the word “mutual” in its name if the name includes a word or words that identify the new stock insurer as a stock insurer and the commissioner finds that the continued use of the word “mutual” in its name is not likely to mislead or deceive the public.