North Carolina General Statutes 58-10-305. Reorganization of domestic mutual insurer with mutual insurance holding company
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A domestic mutual insurance company may apply to reorganize by merging its policyholders’ membership interests into a mutual insurance holding company by filing with the Commissioner a joint application with the mutual insurance holding company complying with the provisions of N.C. Gen. Stat. § 58-10-285. (2012-161, s. 1.)