ARTICLE 9.6. Transformation [7045. - 7049.]

Article 9.6 added by Stats. 1963, Ch. 1772.

§§ 7045–7049 · 5 sections

• § 7045 The board of directors of any county mutual fire insurer that desires to commence proceedings for transformation of that insurer to a general mutual insurer…
• § 7046 After the commissioner has granted tentative approval of any such application, a county mutual fire insurer that shall meet the financial requirements…
• § 7047 The meeting called for the purpose of transformation, shall be preceded by a written or printed notice of the meeting and its purpose addressed to each…
• § 7048 Such corporation shall be a continuance of the original corporation by the same name or by any other name approved by the commissioner. Such transformation,…
• § 7049 After the policyholders have elected such a transformation a county mutual insurer shall submit to the insurance commissioner for final approval of the…