Insurance Code section 11537.1

For the conversion of a mutual life insurer, the plan of conversion shall provide for either a mutual holding company in compliance with Section 11537.2 or for consideration in compliance with Section 11537.3. For the conversion of a mutual holding company, the plan of conversion shall provide for consideration in compliance with Section 11537.3.

Source: Section 11537.1, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=INS§ionNum=11537.­1.­ (updated Aug. 19, 1996; accessed Sep. 28, 2026).

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Verified:
Sep. 28, 2026

§ 11537.1's source at ca​.gov