INS § 11422
Where this section sits in the code
- Insurance Code - INS
- DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]
- PART 2. LIFE AND DISABILITY INSURANCE [10110. - 11549.]
- CHAPTER 11. Change by Assessment Plan Insurer to Reserve Plan [11420. - 11490.]
- ARTICLE 1. Authorization and Effect [11420. - 11422.]
The transformed insurer is a continuation of the original insurer. Its officers elected before or during the transformation serve through their respective terms as provided in the articles and by-laws under which they were elected. Their successors shall be elected and serve as the law and its articles and by-laws provide after the transformation. Such transformation shall not affect existing suits, rights or contracts.
Collected 2026-09-14T05:56:33Z. Source file · JSON