(a) A stipulated premium plan insurer may merge or consolidate into another stipulated premium plan insurer or into a stock insurer authorized to transact insurance in this state, or it may adopt a plan of exchange of the outstanding stock of its stockholders in accordance with the procedures prescribed by §§ 23-69-142 -- 23-69-148.
(b) A mutual assessment insurer may merge into a stipulated premium plan insurer under § 23-72-119.
Section: Previous 23-71-103 23-71-104 23-71-105 23-71-106 23-71-107 23-71-108 23-71-109 23-71-110 23-71-111 23-71-112 23-71-113 23-71-114 23-71-115 23-71-116 NextLast modified: November 15, 2016