515G.12 Amendments — withdrawal.
At any time before approval of the plan of conversion and pursuant to rules issued by the commissioner, the board of directors of a mutual insurer may amend the conversion plan. The board of directors of a mutual insurer may withdraw the plan of conversion at any time prior to the approval of the plan of conversion by either the commissioner or the policyholders.
90 Acts, ch 1083, §12
Structure Iowa Code
Chapter 515G - MUTUAL INSURANCE COMPANY CONVERSIONS
Section 515G.2 - Mutual insurer becoming stock company — authorization.
Section 515G.3 - Plan of conversion.
Section 515G.4 - Policyholders — voting rights.
Section 515G.5 - Appointment of consultant.
Section 515G.6 - Approval of plan by policyholders — notice of election — effective date.
Section 515G.7 - Review of plan by commissioner — hearing authorized — approval.
Section 515G.8 - Payment of fees, salaries, and costs.
Section 515G.9 - Act of conversion — continuation of company.
Section 515G.10 - Continuation of officers.
Section 515G.12 - Amendments — withdrawal.
Section 515G.13 - Prohibitions on certain offers to acquire shares.
Section 515G.14 - Limitation of actions — security for attorney fees.