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    • Legislation USA
    • California Code
    • Insurance Code - INS
    • DIVISION 2 - CLASSES OF INSURANCE
    • PART 2 - LIFE AND DISABILITY INSURANCE
    • CHAPTER 11 - Change by Assessment Plan Insurer to Reserve Plan

    California Code
    PART 2 - LIFE AND DISABILITY INSURANCE
    CHAPTER 11 - Change by Assessment Plan Insurer to Reserve Plan

    ARTICLE 1 - Authorization and Effect

    Section 11420. - 11420. Any domestic insurer providing life insurance upon the assessment...

    Section 11421. - 11421. After completing such transformation and procuring from the commissioner...

    Section 11422. - 11422. The transformed insurer is a continuation of the original...

    ARTICLE 2 - Capital Adjustments

    Section 11440. - 11440. Any insurer so reorganized shall have assets representing a...

    Section 11441. - 11441. All assets belonging before transformation to any such insurer...

    Section 11442. - 11442. If, at or after the time of the transformation,...

    Section 11443. - 11443. The fund required by Section 11442 shall be used...

    ARTICLE 3 - Transfer of Insurance

    Section 11460. - 11460. Members of the insurer who are in good standing...

    ARTICLE 4 - Powers of Insurer After Transformation

    Section 11470. - 11470. The insurer, after such transformation, shall exercise all the...

    Section 11471. - 11471. Such insurer shall exercise all the rights and powers...

    Section 11472. - 11472. The commissioner shall exercise the powers and discharge the...

    ARTICLE 5 - Valuation of Policies

    Section 11490. - 11490. Any life insurer which has transformed its business pursuant...

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