Legislation
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.
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.