{"data":{"id":"us-dc/d.c.-code-31-905","jurisdiction":"us-dc","citation":"D.C. Code § 31-905","heading":"Adoption of revised articles of incorporation.","body":"(a)\nAdoption of the revised articles of incorporation of the converted stock company is necessary to implement the plan and shall be governed by the applicable provisions of District law.\n\n(b)\nFor a Class 1 mutual company, the members may adopt the revised articles of incorporation at the same meeting at which the members approve the plan.\n\n(c)\nFor a Class 2 or 3 mutual company, the revised articles of incorporation may be adopted solely by the board of directors or trustees, as provided by District law.","path":["Title 31. Insurance and Securities.","Chapter 9. Insurance Demutualization."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/31-905","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"b4b6e1b76dbe930f6b088847bb402463f5e49c367f1b70ec0d1a912c483dd565","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-31-904","next":"us-dc/d.c.-code-31-905.01"},"notice":"GroundRules: Original legal text. Not legal advice."}