If the mutual company complies substantially and in good faith with the notice requirements of this chapter, the mutual company's failure to send a member the required notice does not impair the validity of any action taken under this chapter.
Structure Delaware Code
Chapter 49A. DELAWARE INSURANCE COMPANY MUTUAL-TO-STOCK CONVERSION ACT
§ 4971. Short title of chapter.
§ 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.
§ 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.