§ 403-f-11

403-F:11 Application of Holding Company Statutes and Regulations. – Each reorganized subsidiary insurance company shall be subject to the applicable laws of this state relating to insurance holding company systems. A mutual insurance holding company shall not be subject to provisions of this title or rules adopted thereunder with respect to the writing of insurance or required capital or surplus. A mutual insurance holding company system shall be considered an insurance holding company. Source. 2000, 247:1, eff. June 8, 2000.