Section 11027 Of Article 3. Organization From California Insurance Code >> Division 2. >> Part 2. >> Chapter 10. >> Article 3.
11027
. No amendment to the articles of incorporation, constitution
or laws of any domestic society shall take effect unless approved by
the commissioner who shall approve such amendment if he finds that it
has been duly adopted and is not inconsistent with any requirement
of the laws of this State or with the character, objects and purposes
of the society. Unless the commissioner shall disapprove any such
amendment within 60 days after the filing of same, such amendment
shall be considered approved. The approval or disapproval of the
commissioner shall be in writing and mailed to the secretary or
corresponding officer of the society at its principal office. In case
he disapproves such amendment, the reasons therefor shall be stated
in such written notice.