211 CMR, § 140.04

Current through Register 1533, October 25, 2024

Section 140.04 - Standards of Review

In reviewing a proposed merger or consolidation, including the Agreement, the Commissioner may consider:

(1) The fairness of the terms and conditions of the Agreement;

(2) Whether the interests of the Policyholders, and Stockholders, if any, of the Domestic Company(ies) are protected;

(3) Whether the proposed merger or consolidation is in the public interest.

211 CMR, § 140.04