Legislation

Search OpenLegislation Statutes
This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
ARTICLE 80
Mutual Holding Company
Insurance (ISC) CHAPTER 28
ARTICLE 80

MUTUAL HOLDING COMPANY
Section 8001. Definitions.

8002. Reorganization of mutual life insurer through formation of

a mutual holding company; contents of plan.

8003. Dividend practices.

8004. Adoption of plan; submission of plan to the

superintendent.

8005. Amendment or withdrawal of plan.

8006. Consultants.

8007. Approval of plan by superintendent; hearing.

8008. Approval of plan by policyholders.

8009. Filing of plan; effective date of reorganization.

8010. Effect of reorganization.

8011. Corporate existence.

8012. Directors and officers.

8013. Notice of proposed reorganization.

8014. Failure to give notice.

8015. Limitations of actions; security.

8016. Prohibited transactions by officers, directors and

employees.

8017. Requirements applicable to a mutual holding company.

8018. Other requirements applicable to a stock holding company

and a mutual holding company.

8019. Conversion of mutual holding company.

8020. Transfers of subsidiaries.

8021. Limitations on accumulation of surplus of mutual holding

companies.