Cal. INS § 7045

This is the official text of Cal. INS § 7045, part of California’s Insurance Code — regulates insurance companies and the insurance policies sold in California.

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Official statutory text

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 shall adopt a resolution to that effect and submit to the commissioner a plan for effecting that transformation accompanied by an application for approval thereof and a fee of four hundred ninety-four dollars ($494).

Status: in_force · Read it on the official government site

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