Section 1554 Of Article 16. Merger Of Certain Reciprocal Insurers From California Insurance Code >> Division 1. >> Part 2. >> Chapter 3. >> Article 16.
1554
. If one of the insurers that is a party to the transaction is
a domestic incorporated insurer, Section 1109 of the Corporations
Code shall apply if the transaction is a merger or consolidation, and
Section 1113 of the Corporations Code shall also apply if the
transaction is a merger.