For the conversion of a medical malpractice mutual insurer, the plan of conversion shall provide for either a demutualization in compliance with Section 4097.04 or for a mutual holding company in compliance with Section 4097.05. For the conversion of a mutual holding company, the plan of conversion shall provide for demutualization in compliance with Section 4097.04.
Cal. Ins. Code § 4097.03
Conversion of an Incorporated Medical Malpractice Mutual Insurer into an Incorporated Stock Insurer
Added by Stats. 1998, Ch. 421, Sec. 4
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.