508B.12 Amendments — withdrawal.
At any time before the conversion, if done pursuant to rules issued by the commissioner or as may otherwise be required by the commissioner, the board of directors of a mutual company may amend the conversion plan. An amendment to a conversion plan is subject to the prior approval of the commissioner. The board of directors of a mutual company may withdraw the plan of conversion at any time prior to the conversion.
85 Acts, ch 127, §12; 99 Acts, ch 165, §4
Structure Iowa Code
Chapter 508B - CONVERSION FROM MUTUAL COMPANY TO STOCK COMPANY
Section 508B.2 - Mutual company becoming stock company — authorization.
Section 508B.4 - Eligible policyholders participation.
Section 508B.5 - Appointment of consultant.
Section 508B.6 - Approval of plan by policyholders — notice of election — effective date.
Section 508B.7 - Review of plan by commissioner — hearing authorized — approval.
Section 508B.8 - Payment of fees, salaries and costs.
Section 508B.9 - Act of conversion — continuation of company.
Section 508B.10 - Continuation of officers.
Section 508B.12 - Amendments — withdrawal.
Section 508B.13 - Prohibitions on certain offers to acquire shares.
Section 508B.14 - Limitation of actions — security for attorney fees.