Insurance Code § 11421
‹ § 11420§ 11422 ›Open in browserleginfo ↗11421.
After completing such transformation and procuring from the commissioner a certificate of authority to transact business in this State as an incorporated insurer issuing policies on a reserve basis, it may incur the obligations and enjoy the benefits of such insurer.
(Enacted by Stats. 1935, Ch. 145.)