{"data":{"id":"us-la/rs-22-72","jurisdiction":"us-la","citation":"RS 22:72","heading":"Stock and mutual conversions","body":"A. No domestic insurer may convert from a stock to a mutual, or from a mutual to a stock insurer, or from any type insurer to any other type insurer, except as provided in R.S. 22:71 unless a plan of conversion is submitted to and approved by the commissioner of insurance.\nB. The commissioner of insurance shall not approve any such conversion unless in his opinion after a full investigation the best interests of the policyholders of any such insurer will be served.\nC. The conversion of a mutual life insurer or a mutual life insurance holding company shall also comply with Subpart H-1 of this Part, R.S. 22:236 et seq. \"Mutual life insurer\" and \"mutual life insurance holding company\" shall have the meanings set forth in R.S. 22:236.","path":["SUBPART C-1. PHARMACY BENEFIT MANAGERS§1863. Definitions"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=506224","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:53:53Z","sha256":"70e720633fa80b188217dba71b2b1006924bb14f9bedebbb998b0740f1f07613","source_id":"us-la","stale":false,"prev":"us-la/rs-22-71.2","next":"us-la/rs-22-73"},"notice":"GroundRules: Original legal text. Not legal advice."}