Title 15, Commerce and TradeRelease 119-102

§6731 General Application

Title 15 › CHAPTER 93 — INSURANCE › SUBCHAPTER II — REDOMESTICATION OF MUTUAL INSURERS › § 6731

Last updated Aug 21, 2026|Official source

Summary

Applies only to mutual insurance companies in states that have not passed a law that clearly sets fair rules for a company based in that state to reorganize into a mutual holding company. If the state has passed such a law, these rules do not apply.

Full Legal Text

Title 15, §6731

Commerce and Trade, Source: USLM XML via OLRC

This subchapter shall only apply to a mutual insurance company in a State which has not enacted a law which expressly establishes reasonable terms and conditions for a mutual insurance company domiciled in such State to reorganize into a mutual holding company.

Legislative History

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Effective Date

Pub. L. 106–102, title III, § 316, Nov. 12, 1999, 113 Stat. 1422, provided that: “This subtitle [subtitle B (§§ 311–316) of title III of Pub. L. 106–102, enacting this subchapter] shall take effect on the date of the enactment of this Act [Nov. 12, 1999].”

Reference

Citations & Metadata

Citation

15 U.S.C. § 6731

Title 15, Commerce and Trade

Last Updated

Aug 21, 2026

Release point: 119-102