(a) Code Section 33-14-76 is not applicable to a reorganization or merger pursuant to this chapter. (b) The demutualization of a mutual insurance holding company is subject to the requirements of Code Section 33-14-76. History. — Code 1981, § 33-13A-7, enacted by Ga. L. 2015, p. 846, § 3/HB 185. 33-13A-8. Effect of membership interest.