Usufruct
R.S. 22:231

Mutual insurance holding companies ACTIVE

A domestic mutual insurance company, upon approval of the commissioner, may reorganize by forming a mutual insurance holding company based upon a mutual plan or by merging its policyholders' membership interests into such a mutual insurance holding company. The reorganized insurance company shall continue, without interruption, its corporate existence as a stock insurance company subsidiary to the mutual insurance holding company or as a stock insurance company subsidiary to an intermediate holding company which is a subsidiary of the mutual insurance holding company. A reorganization pursuant to this Section is subject to the provisions of R.S. 22:691.1 et seq., the Insurance Holding Company System Regulatory Law.

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JSON Markdown Source (legis.la.gov)

References

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History

  • enactment Acts 1997, No. 1482, §1
  • amendment Acts 2022, No. 161, §1

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Cite R.S. 22:231

Bluebook
La. Rev. Stat. Ann. § 22:231 (2026).
Permalink
https://theusufruct.com/rs/title-22/section-231
BibTeX
@misc{larevstat-22-231,
  title        = {La. Rev. Stat. Ann. § 22:231},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-22/section-231},
  note         = {Snapshot 2026-05-22}
}