---
urn: urn:us-la:rs:22:231
citation: "R.S. 22:231"
status: active
breadcrumb: "Title 22 › Chapter 2 › Part I › Subpart H"
acts_citations:
  - { year: 1997, number: 1482, section: 1, effective_date: null, role: enactment }
  - { year: 2022, number: 161, section: 1, effective_date: null, role: amendment }
---

# Mutual insurance holding companies

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.