Legislation
ARTICLE 73
Conversion to Different Type of Insurer
Insurance (ISC) CHAPTER 28
ARTICLE 73
CONVERSION TO DIFFERENT TYPE OF INSURER
Section 7301. Prohibited conversion.
7302. Conversion of stock life insurance companies into mutual
companies.
7303. Conversion of retirement systems into mutual life
insurance companies.
7304. Conversion of fraternal benefit societies into mutual
life insurance companies.
7305. Conversion of assessment corporations into advance
premium corporations.
7306. Conversion of advance premium corporations or assessment
corporations into mutual property/casualty insurance
companies.
7306-a. Reconversion of domestic mutual property/casualty
insurance company into advance premium corporation or
assessment corporation.
7307. Conversion of domestic mutual property/casualty
insurance companies or advance premium corporations
into domestic stock property/casualty insurance
companies; insurers not in rehabilitation.
7308. Conversion of domestic reciprocal insurers into stock
property/casualty insurance companies.
7309. Conversion of domestic reciprocal insurers into mutual
property/casualty insurance companies.
7310. Reorganization of domestic guarantee capital life
insurance companies into domestic stock life insurance
companies.
7311. Conversion of domestic mutual property/casualty
insurance companies or advance premium corporations
into domestic stock property/casualty insurance
companies; insurers in rehabilitation.
7312. Reorganization of a domestic mutual life insurer into a
domestic stock life insurer.
7313. Reorganization of domestic mutual accident and health
insurance companies.
7315. Reorganization of domestic life insurance companies.
7316. Conversion of savings banks life insurance into a mutual
life insurance company.
7317. Conversion of certain article 43 corporations.
CONVERSION TO DIFFERENT TYPE OF INSURER
Section 7301. Prohibited conversion.
7302. Conversion of stock life insurance companies into mutual
companies.
7303. Conversion of retirement systems into mutual life
insurance companies.
7304. Conversion of fraternal benefit societies into mutual
life insurance companies.
7305. Conversion of assessment corporations into advance
premium corporations.
7306. Conversion of advance premium corporations or assessment
corporations into mutual property/casualty insurance
companies.
7306-a. Reconversion of domestic mutual property/casualty
insurance company into advance premium corporation or
assessment corporation.
7307. Conversion of domestic mutual property/casualty
insurance companies or advance premium corporations
into domestic stock property/casualty insurance
companies; insurers not in rehabilitation.
7308. Conversion of domestic reciprocal insurers into stock
property/casualty insurance companies.
7309. Conversion of domestic reciprocal insurers into mutual
property/casualty insurance companies.
7310. Reorganization of domestic guarantee capital life
insurance companies into domestic stock life insurance
companies.
7311. Conversion of domestic mutual property/casualty
insurance companies or advance premium corporations
into domestic stock property/casualty insurance
companies; insurers in rehabilitation.
7312. Reorganization of a domestic mutual life insurer into a
domestic stock life insurer.
7313. Reorganization of domestic mutual accident and health
insurance companies.
7315. Reorganization of domestic life insurance companies.
7316. Conversion of savings banks life insurance into a mutual
life insurance company.
7317. Conversion of certain article 43 corporations.