After completing such transformation and procuring from the commissioner a certificate of authority to transact business in this State as an incorporated insurer issuing policies on a reserve basis, it may incur the obligations and enjoy the benefits of such insurer.
Cal. Ins. Code § 11421
Authorization and Effect
Known as the Health Insurance Disclosure Act
The act spans §§ 10110–11549 (1,209 sections).
Enacted by Stats. 1935, Ch. 145.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.