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 Jul. 14, 2025).

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Jul. 14, 2025

§ 7045's source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_7045

Original Source: Section 7045, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=7045. (last accessed May 12, 2025).