If the mutual insurance company complies substantially and in good faith with the notice requirements of Sections 83-31-47 or 83-31-101 through 83-31-181, the mutual insurance company's failure to send a member the required notice under Section 83-31-109(2)(a) or Section 83-31-111(1) does not impair the validity of any action taken under Sections 83-31-47 or 83-31-101 through 83-31-181.
Structure Mississippi Code
Mississippi Mutual Insurance Company Conversion, Reorganization and Merger Act
§ 83-31-115. Filing minutes concerning member plan adoption meeting
§ 83-31-125. Liquidation account to be created
§ 83-31-135. Good faith failure to provide notice
§ 83-31-137. Actions challenging validity
§ 83-31-143. Endorsement or rider extinguishing policy rights
§ 83-31-145. Definitions applicable to mutual insurance holding company provisions
§ 83-31-155. Dividends and distributions to members
§ 83-31-175. Actions challenging validity
§ 83-31-177. Mutual insurance holding company conversion to stock holding company