California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 2. CLASSES OF INSURANCE |
Part 1. FIRE AND MARINE INSURANCE |
Chapter 4. General Mutual Insurers |
ARTICLE 10. Conversion of an Incorporated Medical Malpractice Mutual Insurer into an Incorporated Stock Insurer |
Section 4097.20.
Latest version.
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If the name of a mutual insurer converting to a stock insurer pursuant to this article includes the word "mutual," the new stock insurer may continue to use the word "mutual" in its name if the name includes a word or words that identify the new stock insurer as a stock insurer and the commissioner finds that the continued use of the word "mutual" in its name is not likely to mislead or deceive the public.
(Added by Stats. 1998, Ch. 421, Sec. 4. Effective January 1, 1999.)