Insurance Demutualization. | Midpage

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Code of the District of Columbia

Chapter 9

Insurance Demutualization.

31-901Definitions.31-902Adoption of the plan of conversion by the board of directors.31-903Approval of the plan of conversion by the Commissioner of the Department of Insurance, Securities, and Banking.31-904Approval of the plan by the members.31-905Adoption of revised articles of incorporation.31-905.01Acquiring, offering securities issued in connection with a plan of conversion.31-906Required provisions in a plan of conversion.31-907Optional provisions in a plan of conversion.31-908Alternative plan of conversion.31-909Effective date of the plan.31-910Rights of members whose policies are issued after adoption of the plan and before its effective date.31-911Corporate existence.31-912Conflict of interest.31-913Costs and expenses.31-914Failure to give notice.31-915Limitation of actions.