§ 33-13a-1 - Short Title
This chapter shall be known and may be cited as the "Mutual Insurance Holding Company Act."
§ 33-13a-2 - Definitions
As used in this chapter, the term: (1) "Intermediate stock holding company" means one or more stock corporations that own all of the shares...
§ 33-13a-3 - Reorganization Plans
(a) A domestic mutual insurer, upon approval of the Commissioner, may reorganize by forming an insurance holding company system, which shall be designated as...
§ 33-13a-4 - Procedure for Reorganization
(a) A domestic mutual insurer, upon the approval of the Commissioner, may reorganize by merging its policyholders' membership interests into a mutual insurance holding...
§ 33-13a-5 - Incorporation of Reorganized Insurer
A mutual insurance holding company resulting from the reorganization of a domestic mutual insurer and the reorganized stock insurer shall be incorporated and governed...
§ 33-13a-7 - Application of Other Statutory Provisions
(a) Code Section 33-14-76 is not applicable to a reorganization or merger pursuant to this chapter.(b) The demutualization of a mutual insurance holding company...
§ 33-13a-8 - Effect of Membership Interest
A membership interest in a mutual insurance holding company shall not constitute a security as such term is defined in Code Section 11-8-102.
§ 33-13a-10 - Policyholder Meetings
(a) Within 45 days after the date of the Commissioner's approval of a reorganization plan or merger plan pursuant to this chapter, unless extended...
§ 33-13a-11 - Treatment of Stock
The majority of the voting stock of the reorganized stock insurer, which is required by this Code section to be at all times owned...
§ 33-13a-13 - Regulatory Authority
The Commissioner shall have the authority to promulgate rules and regulations to implement and enforce the provisions of this chapter.