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  6. Title XIII - COMMERCE
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  8. Chapter 508B - CONVERSION FROM MUTUAL COMPANY T...


Chapter 508B - CONVERSION FROM MUTUAL COMPANY TO STOCK COMPANY


  • Section 508B.1 - Definitions.
  • Section 508B.2 - Mutual company becoming stock company — authorization.
  • Section 508B.3 - Conversion plans to be fair and equitable — alternative procedures and requirements.
  • Section 508B.4 - Eligible policyholders participation.
  • Section 508B.5 - Appointment of consultant.
  • Section 508B.6 - Approval of plan by policyholders — notice of election — effective date.
  • Section 508B.7 - Review of plan by commissioner — hearing authorized — approval.
  • Section 508B.8 - Payment of fees, salaries and costs.
  • Section 508B.9 - Act of conversion — continuation of company.
  • Section 508B.10 - Continuation of officers.
  • Section 508B.11 - Rules.
  • Section 508B.12 - Amendments — withdrawal.
  • Section 508B.13 - Prohibitions on certain offers to acquire shares.
  • Section 508B.14 - Limitation of actions — security for attorney fees.
  • Section 508B.15 - Duties of secretary of state.
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