Insurance Code section 11544

The offer or sale of securities issued pursuant to the plan of conversion developed and approved in accordance with the provisions of this chapter, shall be exempt from Article 8 (commencing with Section 820) of Chapter 1 of Part 2 of Division 1.

Source: Section 11544, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=11544. (updated Jan. 1, 1983; accessed Jun. 24, 2026).

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Up to date

Verified:
Jun. 24, 2026

§ 11544's source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_11544

Original Source: Section 11544, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=11544. (last accessed May 12, 2025).