Forms of consideration

Sec. 1. The consideration to be distributed to the eligible members shall be: (1) cash; (2) stock or other securities of the former mutual or of the parent company; (3) additional paid up insurance or annuity benefits; (4) any combination of the forms of consideration listed in this section; or (5) other forms of consideration described in the plan of conversion and approved by the commissioner. As added by P.L.94-1999, SEC.3.