§ 1540 Any two or more domestic reciprocal insurers, upon affirmative vote …

Terms Used In California Codes > Insurance Code > Division 1 > Part 2 > Chapter 3 > Article 15 - Merger

  • Commissioner: means the Insurance Commissioner of this State. See California Insurance Code 20
  • Domestic: means organized under the laws of this State, whether or not admitted. See California Insurance Code 26
  • Person: means any person, firm, association, organization, partnership, business trust, corporation, limited liability company, or company. See California Health and Safety Code 19
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • State: means the State of California, unless applied to the different parts of the United States. See California Health and Safety Code 23