Louisiana § 22:237.3 Conversion of mutual insurers and mutual insurance holding companies authorized

Louisiana Statutes

§ 22:237.3 — Conversion of mutual insurers and mutual insurance holding companies authorized

Louisiana § 22:237.3

Title 22Insurance

This text of Louisiana § 22:237.3 (Conversion of mutual insurers and mutual insurance holding companies authorized) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

La. Stat. Ann. § 22:237.3 (2026).

Text

A.A mutual insurer may, pursuant to R.S. 22:71 and 72 and the provisions of this Subpart, reorganize into a stock insurance company that may be or become a subsidiary of a parent corporation that is or has been formed for the purpose of acquiring, directly or indirectly, all of the common stock of such reorganized insurer.

B.A mutual insurance holding company may, pursuant to the provisions of this Subpart, reorganize into a stock insurance holding company.

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A. A mutual insurer may, pursuant to R.S. 22:71 and 72 and the provisions of this Subpart, reorganize into a stock insurance company that may be or become a subsidiary of a parent corporation that is or has been formed for the purpose of acquiring, directly or indirectly, all of the common stock of such reorganized insurer.
B. A mutual insurance holding company may, pursuant to the provisions of this Subpart, reorganize into a stock insurance holding company.