2021 Tennessee Code
Chapter 19 - Mutual Insurance Companies Other Than Life
§ 56-19-125. State Malpractice Insurance Companies Becoming State Stock Malpractice Insurance Companies — Definitions — Plans

The plan of conversion, including the independent evaluation of pro forma market value required by subdivision (b)(6)(F);
(A)  All eligible members shall be given notice of and an opportunity to vote upon the plan.
The form of notice required by subdivision (b)(4)(B) for eligible members of the meeting to vote on the plan;
Any proxies to be solicited from eligible members pursuant to subdivision (b)(4)(C)(ii);
Once filed, these documents shall be approved or disapproved by the commissioner within a reasonable time.
After the members have approved the plan, the converted stock company shall file the following documents with the commissioner:
The minutes of the meeting of the members at which the plan was voted upon; and
The revised charter and bylaws of the converted stock company.
Adoption of the revised charter of the converted stock company is necessary to implement the plan and shall be governed by the applicable provisions of the general corporation law. The revised charter may be adopted solely by the board of directors.

Structure 2021 Tennessee Code