(1) A mutual insurance company that is not a smaller mutual insurance company in the sense of section 210 of the Act on the Supervision of Insurance Companies may obtain, based on a resolution on change of legal form, solely the legal form of a stock corporation.
(2) The change of legal form is possible only if each member of the mutual insurance company that obtains an ownership interest in the stock corporation is allotted, at a minimum, one full share of stock.