Conversion of Domestic Stock Insurer to Mutual Insurer

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This is Article 2 of the Code of Virginia, titled “Conversion of Domestic Stock Insurer to Mutual Insurer.” 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 11 sections.

§ 38.2-1006	Conversion of a domestic stock insurer to a mutual insurer
§ 38.2-1007	Notice to policyholders of meeting to approve conversion
§ 38.2-1008	Conduct of and voting at meeting
§ 38.2-1009	Payment for shares pursuant to conversion plan
§ 38.2-1010	How acquired shares held
§ 38.2-1011	Disposition of dividends after payments provided in conversion plan
§ 38.2-1012	Jurisdiction to compel completion of mutualization
§ 38.2-1013	Venue of proceedings
§ 38.2-1014	Parties and process
§ 38.2-1015	Determining value of stock outstanding; dismissal of petition or entry of decree requiring payment for and transfer of stock
§ 38.2-1016	Amendment of charter and bylaws; change of name; retirement and cancellation of stock; when mutualization effective; assets and liabilities; officers and directors; general restrictions and powers