Current through September 2, 2024
Section 18.07.01.051 - MHC APPLICATION - CONTENT - PROCESS01.Designating Application as Limited or Standard. Applications are designated as limited or standard. Filing a limited application does not preclude later filing a standard application.02.Application Information. Applications are filed in duplicate and will include: a. Designation as limited or standard;b. A Plan of Reorganization;c. A plan for policyholder approval in accordance with the applicant's articles of incorporation and bylaws, with at least twenty (20) day notice to the policyholders;d. A copy of the MHC's proposed articles of incorporation and bylaws specifying all membership rights;e. The names, addresses and occupations of all corporate officers and members of the MHC's board of directors;f. Information sufficient to demonstrate that reorganization will not diminish the applicant's financial condition;g. A copy of the proposed articles of incorporation and bylaws for any insurance company subsidiary or intermediate holding company subsidiary;i. An application index; andj. Any other information requested by the Director.Idaho Admin. Code r. 18.07.01.051