(a) Notwithstanding any other provision of law and except as otherwise provided in
subdivision (b), actions concerning any plan of conversion, proposed plan of conversion,
plan amendment, or proposed plan amendment under this chapter or any acts taken or
proposed to be taken under this chapter shall be commenced within one year after the
plan of conversion or plan amendment is filed in the office of the commissioner pursuant
to subdivision (d) of Section 11536 or subdivision (a) of Section 11542, or six months from the effective date of the plan of conversion, whichever is later. If the plan of conversion is withdrawn, the actions or acts shall be commenced within
six months from the date the board of directors approves a resolution to withdraw
the plan. If an action concerns or arises out of a plan amendment or proposed plan amendment
made under Section 11546, the applicable time period is measured from the filing, effective date, or approval
of withdrawal of the plan amendment, whichever is later.
(b) Judicial review of any act of the commissioner or any other governmental body
or officer concerning or arising out of any plan of conversion, proposed plan of conversion,
plan amendment, or proposed plan amendment under this chapter may only be had by filing
a petition for a writ of mandate within 30 days of the date of the act. However, any petition seeking judicial review shall be filed no later than 30 days
from the effective date of the plan of conversion or plan amendment, whichever is
the subject of the petition.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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