Insurance Code section 4096

In the event a domestic mutual insurer is merged, consolidated, or a part of a reorganization under the procedures specified in this article, and the surviving, consolidated, or continuing company is a nonadmitted insurer, the plan of merger shall provide either for that insurer to be admitted to transact insurance in California or for any nonsurviving insurer admitted in California to withdraw from the state.

Source: Section 4096, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=4096. (accessed May 26, 2025).

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Last Updated

May 12, 2025

§ 4096’s source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_4096

Original Source: Section 4096, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=4096. (last accessed May 12, 2025).