Insurance Code section 7045


The board of directors of any county mutual fire insurer that desires to commence proceedings for transformation of that insurer to a general mutual insurer shall adopt a resolution to that effect and submit to the commissioner a plan for effecting that transformation accompanied by an application for approval thereof and a fee of four hundred ninety-four dollars ($494).

Source: Section 7045, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=INS§ionNum=7045.­ (updated Jan. 1, 2018; accessed Sep. 1, 2025).

Up to date

Verified:
Sep. 1, 2025

§ 7045's source at ca​.gov