DEMUTUALIZATION
demutualization, n. The process of converting a mutual insurance company (which is owned by its policyholders) to a stock insurance company (which is owned by outside shareholders), usu. as a means of increasing the insurer’s capital by allowing the insurer to issue shares. ? About half the states have demutualization statutes authorizing such a conversion. [Cases: Insurance 1160. C.J.S. Insurance ¡ì 111.] ¡ª demutualize, vb.
What is the legal equivalence of DEMUTUALIZATION in Chinese?
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