CONVERSION OF MUTUAL INTO STOCK INSURER
- 693A.400 - Definitions.
- 693A.405 - “Closed block” defined.
- 693A.410 - “Consideration” defined.
- 693A.415 - “Converting mutual” defined.
- 693A.420 - “Eligible member” defined.
- 693A.425 - “New stock insurer” defined.
- 693A.430 - “Policyholder” defined.
- 693A.435 - Procedure for conversion.
- 693A.440 - Resolution by board of directors; plan of conversion.
- 693A.445 - Application for conversion: Filing and contents; filing fee.
- 693A.450 - Public hearing on application.
- 693A.455 - Action by Commissioner on application.
- 693A.460 - Meeting and vote of policyholders; notice.
- 693A.465 - Abandonment of plan of conversion.
- 693A.470 - Issuance and notice of final order approving application; issuance and effect of certificate of authority.
- 693A.475 - Authority of Commissioner to engage services of experts; payment of costs to review plan of conversion.
- 693A.480 - Confidentiality and publication of pertinent information and documents.
- 693A.485 - Continuation of corporate existence of converting mutual.
- 693A.490 - Purchase of stock by directors, officers, employees, agents or trustees.
- 693A.495 - Receipt of fee, commission or other consideration for aiding, promoting or assisting in plan of conversion.
- 693A.500 - Offers to acquire and acquisition of voting securities of new stock insurer or institution that owns majority of voting securities of new stock insurer.
- 693A.505 - Unlawful acquisition of securities: Voting of securities prohibited; injunctive and other relief.
- 693A.510 - Unlawful acquisition of securities: Seizure or sequestration of securities.
- 693A.515 - Unlawful acquisition of securities: Imposition of administrative penalty for violation.
- 693A.520 - Unlawful acquisition of securities: Imposition of administrative penalty against director, officer or agent.
- 693A.525 - Unlawful acquisition of securities: Orders by Commissioner.
- 693A.530 - Regulations and orders of Commissioner.
- 693A.535 - Judicial review of final order of Commissioner.