Ins. Code, § 1560.15 · Article 17. Conversion of Certain Reciprocal Insurers to Incorporated Stock Insurers
Ins. Code, § 1560.15
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The offer or sale of securities issued pursuant to the plan of conversion developed and approved in accordance with the provisions of this article, shall be exempt from Article 8 (commencing with Section 820) of Chapter 1.
Notes and commentary — not statutory text
History
Added by Stats. 1998, Ch. 421, Sec. 2. Effective January 1, 1999.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=1560.15.
- Text hash
- sha256 1b9f5bf6bc4b2247b8cbdfcd698da9a968615fe8641d1c5d48a1782121621341
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
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