RSA 403-B:3 Procedure for Conversion.

I. An insurer may apply to the commissioner for conversion pursuant to this chapter by filing with the commissioner a plan of conversion adopted by 2/3 of the entire board of directors, which shall contain the following:
(a) The proposed articles of incorporation and bylaws to be adopted by the insurer upon its conversion to a stock insurance company.
(b) A statement of the manner of treating holders of surplus notes, if any notes are outstanding.
(c) Provisions for distribution of the conversion value in accordance with RSA 403-B:4.
(d) Provisions stating the manner and basis of exchanging the equitable share of each eligible policyholder for securities of the stock insurance company into which the insurer is to be converted, and the disposition of any uncla