California Insurance Code

§ 7042

INS § 7042 Effective Jan 1, 2018Div. 2 · Part 1 · Ch. 5 · Art. 9.5

Statute text

If the vote is in the affirmative a certified copy of all proceedings relating to the proposed merger shall be filed with the commissioner. If the commissioner finds that the proceedings have been in accordance with the law and his or her requirements, he or she shall issue his or her certificate approving the plan and agreement and the merger shall become effective when the certificate, the agreement, and any other documents required by law have been filed with the Secretary of State. The fee for issuing a certificate approving the merger shall be three hundred nine dollars ($309) for the original certificate, payable in advance, with the filing of the first merger papers with the commissioner; and nine dollars ($9) shall be charged for each signed and sealed or certified copy thereof issued as part of the same transaction in which the original certificate is issued.

Legislative history

Amended by Stats. 2017, Ch. 534, Sec. 56. (AB 1699) Effective January 1, 2018.