PURPOSE: This rule establishes the date on which the plan becomes effective.

When the director has issued an order approving the plan of conversion as provided in rule 20 CSR 200-16.040, or on such later date, if any, as may have been specified in or determined in accordance with such plan and agreed upon by the director, the director shall file a copy of the proposed articles of incorporation of the converted holding company with the secretary of state. Upon the issuance of a certificate of amendment or restatement of the articles of incorporation by the secretary of state, the articles of incorporation of the converted holding company shall be deemed to be amended or restated accordingly and the plan of conversion shall become effective. The converted holding company shall immediately publish notice of the effective date in two (2) newspapers of general circulation which have been deemed acceptable by the department.

AUTHORITY: section 374.045, RSMo Supp. 1998.* Original rule filed March 1, 1999, effective Aug. 30, 1999. *Original authority 374.045, RSMo 1967, amended 1993, 1995.