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California Code, Insurance Code - INS § 4081

Current as of January 01, 2025 | Updated by Findlaw Staff

Any county mutual fire insurer, or two or more such insurers, may merge into a general mutual insurer described in this chapter by following the procedure in Article 9.5 (commencing with Section 7040) of Chapter 5, Part 1, Division 2 of this code.  Such general mutual insurer shall become the surviving corporation.

In addition, by following the above-mentioned procedure any two or more county mutual fire insurers may merge, concurrently with the transformation of one of them into a general mutual insurer described herein, as provided in Section 7044.5.

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Cite this article: FindLaw.com - California Code, Insurance Code - INS § 4081 - last updated January 01, 2025 | https://codes.findlaw.com/ca/insurance-code/ins-sect-4081/

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