2014 Iowa Code
TITLE XIII - COMMERCE
SUBTITLE 1 - INSURANCE AND RELATED REGULATION
CHAPTER 508B - CONVERSION FROM MUTUAL COMPANY TO STOCK COMPANY
SECTION 508B.12 - Amendments — withdrawal.
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
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