2011 Missouri Revised Statutes
TITLE XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 380 County, Town and Farmers' Mutual Property Insurance Companies
Section 380.601. Conversion to a mutual insurance company--procedure.
Conversion to a mutual insurance company--procedure.
380.601. Any Missouri mutual insurance company operating under the provisions of sections 380.011 to 380.151 or any company operating under the provisions of sections 380.201 to 380.591 may convert to a mutual insurance company in the manner provided in sections 379.585 to 379.625; but, for purposes of conversion under the provisions of this section, the assent otherwise required by the provisions of section 379.605 for such conversion need not exceed seventy-five percent of the members voting thereon, both in person and by proxy, at a meeting called for that purpose.
(L. 1984 H.B. 1498)Effective 1-1-85
Annotation Copyright Missouri Joint Committee on Legislative Research
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