Conversion, Amalgamation, Dissolution | Midpage

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Maine Revised Statutes

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Conversion, Amalgamation, Dissolution

3471Scope of subchapter 3472Mutualization of stock insurer 3473Conversion of stock insurer to ordinary business corporation 3474Merger, consolidation of stock insurers 3475Exchange of securities between insurers 3476Acquisition of controlling stock 3477Conversion of mutual to stock insurer 3478Merger, consolidation of mutual insurers authorized 3479-- plan, agreement of merger, consolidation; approval by corporations 3480-- approval by superintendent 3481-- review by Attorney General; filing with Secretary of State 3482-- effective date of merger, consolidation; effect as to assets, liabilities, rights and power 3483Bulk reinsurance 3484Voluntary dissolution 3485Mutual member's share of assets on liquidation 3486Plans for acquisition of minority interests in domestic stock insurance companies and appraisal of stock of dissenting shareholders 3487Redomestication of insurers 3488Reorganization of mutual insurer through formation of mutual holding company 3489Requirements applicable to a mutual holding company 3490Conversion of mutual holding company