CONVERSION FROM MUTUAL COMPANY TO STOCK COMPANY

  1. Law
  2. Iowa Code
  3. COMMERCE
  4. CONVERSION FROM MUTUAL COMPANY TO STOCK COMPANY

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Section
508B.1

Definitions.

Section
508B.2

Mutual company becoming stock company — authorization.

Section
508B.3

Conversion plans to be fair and equitable — alternative procedures and requirements.

Section
508B.4

Eligible policyholders participation.

Section
508B.5

Appointment of consultant.

Section
508B.6

Approval of plan by policyholders — notice of election — effective date.

Section
508B.7

Review of plan by commissioner — hearing authorized — approval.

Section
508B.8

Payment of fees, salaries and costs.

Section
508B.9

Act of conversion — continuation of company.

Section
508B.10

Continuation of officers.

Section
508B.11

Rules.

Section
508B.12

Amendments — withdrawal.

Section
508B.13

Prohibitions on certain offers to acquire shares.

Section
508B.14

Limitation of actions — security for attorney fees.

Section
508B.15

Duties of secretary of state.