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Part 2 · Special provisions  ›  Division 5 · Change of the legal form of mutual insurance companies › Section 299

Notification of the stockholders, disposal of shares of stock, resolutions adopted by the general meeting

(1) Section 267 is to be applied accordingly to the notification of the stockholders by the company, while section 268 is to be applied accordingly to the instructions issued to stockholders to collect the stock to which they are entitled and to the disposal of shares of stock that are not so collected.

(2) Section 269 is to be applied accordingly to resolutions adopted by the general meeting of the stock corporation as well as to an authorisation of the management board to increase the capital stock. The supervisory authority may permit exceptions to the corresponding application of section 269 sentence 1 if this is required in order to prevent the stock corporation from suffering significant disadvantages.

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