Insurance Code section 4097.03


For the conversion of a medical malpractice mutual insurer, the plan of conversion shall provide for either a demutualization in compliance with Section 4097.04 or for a mutual holding company in compliance with Section 4097.05. For the conversion of a mutual holding company, the plan of conversion shall provide for demutualization in compliance with Section 4097.04.

Source: Section 4097.03, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=INS§ionNum=4097.­03.­ (updated Jan. 1, 1999; accessed Dec. 29, 2025).

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Verified:
Dec. 29, 2025

§ 4097.03's source at ca​.gov