ARTICLE 4. Powers of Insurer After Transformation [11470. - 11472.]
Article 4 enacted by Stats. 1935, Ch. 145.
§§ 11470–11472 · 3 sections
- § 11470 The insurer, after such transformation, shall exercise all the rights and powers and perform all the duties conferred or imposed by law upon insurers writing…
- § 11471 Such insurer shall exercise all the rights and powers and perform all the duties necessary to protect rights and contracts existing prior to reorganization.
- § 11472 The commissioner shall exercise the powers and discharge the duties, concerning any such insurer, that are applicable to domestic insurers issuing policies of…