8. Diversion of business to affiliates

Checkout our iOS App for a better way to browser and research.

Without prior approval of the Commission, neither the converted company nor any person affiliated with or controlling the converted company shall divert business from the converted company to any insurance company affiliated with the converted company if the purpose or effect of such diversion would be to reduce significantly the number of members of the mutual holding company.

2001, c. 726.


Download our app to see the most-to-date content.