Individuals & Families
Small Businesses
Nonprofits
Employers
Employee Benefits Brokers
PEOs
Credit Unions
Membership Groups
Legal Information
Sign In
/
U.S. State Codes
/
Delaware
/
Title 18 - Insurance Code
/
Chapter 49A. Delaware Insurance Company Mutual-...
Chapter 49A. Delaware Insurance Company Mutual-to-Stock Conversion Act
§ 4970 Finding; purpose.
§ 4971 Short title of chapter.
§ 4972 Definitions.
§ 4973 Adoption of plan of conversion.
§ 4974 Redomestication and conversion.
§ 4975 Required provisions of plan of conversion.
§ 4976 Closed block of business for participating life policies.
§ 4977 Optional provisions of plan of conversion.
§ 4978 Alternative plan of conversion.
§ 4979 Effective date of plan.
§ 4980 Rights of members whose policies are issued after adoption of plan and before effective date.
§ 4981 Corporate existence.
§ 4982 Conflict of interest.
§ 4983 Failure to give notice.
§ 4984 Limitation on actions.
§ 4985 Mutual company insolvent or in hazardous financial condition.
§ 4986 Rules and regulations.
§ 4987 Laws applicable to converted stock company.
§ 4988 Commencement of business as a stock insurer.
§ 4989 Amendment of policies.
§ 4990 Prohibition on acquisitions of control.
§ 4991 Applicability to existing mutual insurers.