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California Insurance Code

§ 1046

INS § 1046Div. 1 · Part 2 · Ch. 1 · Art. 14

Statute text

View on leginfo.ca.gov
Said mutualization plan shall include provisions for:
(a)The acquisition by such insurer of all outstanding shares of its capital stock at a price and upon terms and conditions to be fixed as hereinafter provided.
(b)The retirement of said shares of stock when acquired by such insurer.
…

Legislative history

Amended by Stats. 1935, Ch. 291.

Source: California Insurance Code § 1046 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.