Sec. 28. “Reorganized insurer” means an entity:

(1) that is a domestic stock insurance company that is owned entirely or in part by a mutual insurance holding company or an intermediate stock holding company; and

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(2) the members of which:

(A) may be; or

(B) are entitled to become;

members of the mutual insurance holding company.

As added by P.L.226-2023, SEC.30.