Effective – 28 Aug 1939 379.515. May reorganize and extend corporate existence. — Any corporation now or hereafter organized and incorporated or existing under any general or special law of this state to do any insurance business other than that of life insurance the period of whose corporate existence is about to terminate may reorganize […]
Effective – 28 Aug 1939 379.520. Content of articles of association. — Whenever any such corporation desires to avail itself of the provisions of sections 379.515 to 379.580 and to reorganize and extend and continue its corporate existence under the general laws of this state after the time limited by law or its charter for […]
Effective – 28 Aug 1939 379.525. Additional requirements for articles of association. — 1. If such company be a stock company, then the articles of association shall set forth, in addition to the requirements of section 379.520, the amount of the capital stock, the number of shares into which it shall have been divided, and […]
Effective – 28 Aug 1939 379.530. Special meeting to be called — notice. — After drafting the proposed articles of association, it shall be the duty of the directors of said company to call a special meeting, if a stock company, of its stockholders; if a mutual company, of its policyholders; or if a stock […]
Effective – 28 Aug 1939 379.535. Propositions for reorganization and extension of corporate existence to be voted on. — 1. At the time and place designated, the proposition as to the reorganization and extension and continuance of the corporate existence of such company under the general laws of the state, increase of capital stock if […]
Effective – 28 Aug 1939 379.540. Articles to be acknowledged and declaration of proceeding to be made. — 1. If the assent is obtained as provided in section 379.535, the directors of the company, or a majority of them, or any five stockholders, may sign and acknowledge the articles of association adopted in the same […]
Effective – 28 Aug 1939 379.545. Duty of director. — Said director, if satisfied that the said propositions for reorganization and extension and continuance of the corporate existence of the company under the general laws and articles of association have been duly adopted, and that the said articles of association are in conformity with the […]
Effective – 28 Aug 1947 379.550. Board to accept certificate — file with secretary of state — fee — new board — notify director. — 1. Upon receiving the certificate and authority aforesaid, the board of directors shall by resolution accept the same, and shall file with the secretary of state a copy of said […]
Effective – 28 Aug 1939 379.555. Examination of company and certificate to do business. — 1. If, upon examination made by him, the said director shall find that the company has been duly reorganized as provided by this chapter and that its capital is such as set forth in the articles of association, and that […]
Effective – 28 Aug 1939 379.560. Value of equitable interests of nonassenting stockholders or policyholders to be paid to them. — If the assent be obtained as provided in section 379.535, but there be any stockholders or policyholders who have not at such meeting given their assent to such propositions to reorganize and extend and […]
Effective – 28 Aug 1939 379.565. Suit in circuit court to determine value. — In such event, said company shall within six months after the time originally limited by law or its charter for the termination of its corporate existence file a petition in equity in the circuit court of the county where its principal […]
Effective – 28 Aug 1939 379.570. Publication of notice — proceedings. — 1. On the filing of said petition with the clerk of said court, it shall be the duty of said clerk to cause a notice to be published in some newspaper published in the county where the cause is pending, and if there […]
Effective – 28 Aug 1939 379.575. Who may appear — proceedings, how governed. — 1. Any person interested in such company as a stockholder, if it be a stock company, or as a policyholder if it be a mutual company, or as a stockholder or a policyholder in its mutual department, at the time originally […]
Effective – 28 Aug 1939 379.580. Costs — by whom paid. — All costs of such proceeding prior to and including the judgment and decree of the court, or, if the matter be referred, prior to and including the filing and approval of the referee’s report, shall be paid by the petitioner, and the court, […]
Effective – 28 Aug 1939 379.585. Company having special charter may accept general insurance laws. — Any insurance company, other than life, incorporated and organized under the laws of this state, and now doing business in this state, may surrender its charter, and accept in lieu of said charter the provisions of the general insurance […]
Effective – 28 Aug 1939 379.590. Content of articles of association. — When any such company desires to avail itself of the provisions of sections 379.585 to 379.625, the directors thereof shall draw up articles of association which shall set forth (1) The name of the company; (2) The place where the principal office for […]
Effective – 28 Aug 1939 379.595. Additional requirements of articles of association. — 1. If such company be a stock company, then the articles of association shall set forth, in addition to the requirements of section 379.590, the amount of capital stock, the number of shares in which it shall have been divided, and the […]
Effective – 28 Aug 1939 379.600. Special meeting to be called — notice. — After drafting the proposed articles of association, it shall be the duty of the directors of said company to call a special meeting, if a stock company, of its stockholders, if a mutual company, of its policyholders, or if a stock […]
Effective – 28 Aug 1939 379.605. Proposition to surrender to be voted on. — 1. At the time and place designated, the proposition as to the surrender of the charter, adoption of the general insurance statutes in lieu thereof, reorganization thereunder, increase of stock, if necessary, and adoption of the proposed articles of association, as […]
Effective – 28 Aug 1939 379.610. Acknowledgment and declaration to be made. — 1. If the assent is obtained as provided in section 379.605, the directors of the company, or a majority of them, or any five stockholders, or if a mutual company, any five policyholders, may sign and acknowledge the articles of association adopted, […]
