ARTICLE 1. Authorization and Effect [11420. - 11422.]

Article 1 enacted by Stats. 1935, Ch. 145.

§§ 11420–11422 · 3 sections

• § 11420 Any domestic insurer providing life insurance upon the assessment plan may transform itself into an incorporated life insurer issuing policies on a reserve…
• § 11421 After completing such transformation and procuring from the commissioner a certificate of authority to transact business in this State as an incorporated…
• § 11422 The transformed insurer is a continuation of the original insurer. Its officers elected before or during the transformation serve through their respective…