Section 610.001. Purposes.
Latest version.
- (1) To provide an orderly procedure by which insurers may be created, governed and dissolved;(2) To provide for procedures to merge, consolidate or convert various kinds of insurers;(3) To provide for structure and management that will maximize democratic participation in the operation of insurers; and(4) To prevent or control self-dealing by management in order to protect the interests of shareholders, policyholders, members, subscribers and the public.