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  • Title 38.2: Insurance
  • Chapter 10: Organization, Admission and Licensing of Insurers
  • Article 1.1: Formation of Mutual Insurance Holding Company; Conversion of Mutual Holding Company to Stock Holding Company

Formation of Mutual Insurance Holding Company; Conversion of Mutual Holding Company to Stock Holding Company

This is the 2025 edition of the code. There is not the current edition. Browse all editions.

This is Article 1.1 of the Code of Virginia, titled “Formation of Mutual Insurance Holding Company; Conversion of Mutual Holding Company to Stock Holding Company.” It is part of Chapter 10 “Organization, Admission and Licensing of Insurers”, which is part of Title 38.2 “Insurance”.

It’s comprised of the following 13 sections.

§ 38.2-1005.1:1 Definitions
§ 38.2-1005.1:10 Conflicts of interest
§ 38.2-1005.1:11 Costs and expenses
§ 38.2-1005.1:12 Failure to give notice
§ 38.2-1005.1:13 Limitation on actions
§ 38.2-1005.1:2 Formation of mutual holding company and conversion of mutual company
§ 38.2-1005.1:3 Mutual holding company membership interest
§ 38.2-1005.1:4 Contents of plan of MHC conversion
§ 38.2-1005.1:5 Adoption and approval of plan of MHC conversion
§ 38.2-1005.1:6 Corporate existence
§ 38.2-1005.1:7 Regulation and authority of a mutual holding company
§ 38.2-1005.1:8 Diversion of business to affiliates
§ 38.2-1005.1:9 Conversion of mutual holding company

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