644.20 Management contract services. A mutual holding company may not be a party to a contract that has the effect of delegating to a person, to the substantial exclusion of the board,
May 22, 2026, are designated by NOTES. (Published 5-22-26)
644.20
DOMESTIC MUTUAL INSURANCE HOLDING COMPANIES
the authority to exercise any management control of the mutual holding company or of any of its major corporate functions. History: 1997 a. 227.