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Chapter 417, Statutes of 2017 (AB 1696 Committee on Insurance) and Chapter 534, Statutes of 2017 (AB 1699 Committee on Insurance)

Redefines the process for insurers to change the state of their principal place of business and requires an out-of-state insurer transferring its principal place of business (redomesticating) to California to file articles of incorporation with the Secretary of State, as prescribed, and would require a California insurer redomesticating to another state to file a statement of redomestication with the Secretary of State.