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North Dakota Century Code

Chapter 26.1-12.2

N.D. Cent. Code ch. 26.1-12.2

Mutual Property and Casualty Insurance Company Conversion

26.1-12.2-01Definitions 26.1-12.2-02Adoption of plan of conversion 26.1-12.2-03Required provisions of plan of conversion 26.1-12.2-04Optional provisions of plan of conversion 26.1-12.2-05Alternative plan of conversion 26.1-12.2-06Minority stock offering by a mutual holding company 26.1-12.2-07Conversion of a mutual holding company 26.1-12.2-08Effective date of plan of conversion 26.1-12.2-09Rights of members whose policies are issued after adoption of the plan of conversion and before effective date 26.1-12.2-10Corporate existence 26.1-12.2-11Conflict of interest 26.1-12.2-12Failure to give notice 26.1-12.2-13Limitation on actions 26.1-12.2-14Converting mutual company insolvent or in hazardous financial condition 26.1-12.2-15Rules 26.1-12.2-16Laws applicable to converted stock company 26.1-12.2-17Commencement of business as a stock insurance company 26.1-12.2-18Amendment of policies 26.1-12.2-19Prohibition on acquisitions of control