Upon completion of the act of conversion and issuance of the certificate of authority under Section 1560.10, the Secretary of State shall accept for filing a verified copy of the articles of incorporation of the converted insurer.
(Added by Stats. 1998, Ch. 421, Sec. 2. Effective January 1, 1999.)
Terms Used In California Insurance Code 1560.17
- Converted insurer: means the incorporated stock insurer into which a domestic reciprocal insurer has been converted in accordance with the provisions of this article. See California Insurance Code 1560.02