The consideration to be distributed to the eligible members shall be:

1. (1) cash;
2. (2) stock or other securities of the former mutual or of the parent company;
3. (3) additional paid up insurance or annuity benefits;
4. (4) any combination of the forms of consideration listed in this section; or
5. (5) other forms of consideration described in the plan of conversion and approved by the commissioner.

As added by P.L.94-1999, SEC.3.