Mutual Holding Company | Midpage

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New York Consolidated Laws

80

Mutual Holding Company

8001Definitions 8002Reorganization of mutual life insurer through formation of a mutual holding company; contents of plan 8003Dividend practices 8004Adoption of plan; submission of plan to the superintendent 8005Amendment or withdrawal of plan 8006Consultants 8007Approval of plan by superintendent; hearing 8008Approval of plan by policyholders 8009Filing of plan; effective date of reorganization 8010Effect of reorganization 8011Corporate existence 8012Directors and officers 8013Notice of proposed reorganization 8014Failure to give notice 8015Limitations of actions; security 8016Prohibited transactions by officers, directors and employees 8017Requirements applicable to a mutual holding company 8018Other requirements applicable to a stock holding company and a mutual holding company 8019Conversion of mutual holding company 8020Transfers of subsidiaries 8021Limitations on accumulation of surplus of mutual holding companies