Authority and Requirements to Convert

Cal. INS § 11543.1

California Statutes

(

a) Notwithstanding any other provision of law and except as otherwise provided in subdivision (b), actions concerning any plan of conversion, proposed plan of conversion, plan amendment, or proposed plan amendment under this

chapter or any acts taken or proposed to be taken under this

chapter shall be commenced within one year after the plan of conversion or plan amendment is filed in the office of the commissioner pursuant to subdivision (

d) of

Section or subdivision (

a) of

Section 11542, or six months from the effective date of the plan of conversion, whichever is later. If the plan of conversion is withdrawn, the actions or acts shall be commenced within six months from the date the board of directors approves a resolution to withdraw the plan. If an action concerns or arises out of a plan amendment or proposed plan amendment made under

Section 11546, the applicable time period is measured from the filing, effective date, or approval of withdrawal of the plan amendment, whichever is later. (

b) Judicial review of any act of the commissioner or any other governmental body or officer concerning or arising out of any plan of conversion, proposed plan of conversion, plan amendment, or proposed plan amendment under this

chapter may only be had by filing a petition for a writ of mandate within days of the date of the act. However, any petition seeking judicial review shall be filed no later than days from the effective date of the plan of conversion or plan amendment, whichever is the subject of the petition.

Document details

CollectionCalifornia Statutes
CitationCal. INS § 11543.1
Date1996-08-19
Typestatute
Languageen
SourceCA_STAT
IdentifierINS11543.1.199640618

Authority and Requirements to Convert

Cal. INS § 11543.1

California Statutes

Authority and Requirements to Convert

Cal. INS § 11543.1

California Statutes

(

a) Notwithstanding any other provision of law and except as otherwise provided in subdivision (b), actions concerning any plan of conversion, proposed plan of conversion, plan amendment, or proposed plan amendment under this

chapter or any acts taken or proposed to be taken under this

chapter shall be commenced within one year after the plan of conversion or plan amendment is filed in the office of the commissioner pursuant to subdivision (

d) of

Section or subdivision (

a) of

Section 11542, or six months from the effective date of the plan of conversion, whichever is later. If the plan of conversion is withdrawn, the actions or acts shall be commenced within six months from the date the board of directors approves a resolution to withdraw the plan. If an action concerns or arises out of a plan amendment or proposed plan amendment made under

Section 11546, the applicable time period is measured from the filing, effective date, or approval of withdrawal of the plan amendment, whichever is later. (

b) Judicial review of any act of the commissioner or any other governmental body or officer concerning or arising out of any plan of conversion, proposed plan of conversion, plan amendment, or proposed plan amendment under this

chapter may only be had by filing a petition for a writ of mandate within days of the date of the act. However, any petition seeking judicial review shall be filed no later than days from the effective date of the plan of conversion or plan amendment, whichever is the subject of the petition.

Document details

CollectionCalifornia Statutes
CitationCal. INS § 11543.1
Date1996-08-19
Typestatute
Languageen
SourceCA_STAT
IdentifierINS11543.1.199640618
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