(a) A converting company shall give notice of the policyholders' meeting to each eligible
(b) The notice must be mailed from the home office of the converting company not later
than the 31st day before the scheduled date of the meeting in a sealed envelope, postage
prepaid, to the policyholder at the policyholder's last known mailing address.
(c) The policyholders' meeting shall be conducted in the manner provided by the stock
(d) The commissioner shall supervise and direct the procedure of the policyholders'
meeting. The converting company shall pay all necessary expenses incurred by the commissioner
as certified by the commissioner.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.