E.__The reorganized insurer is a continuation of the reorganizing insurer.__The reorganization may not annul, modify or change any of the insurer's existing suits, rights, contracts or liabilities except as provided in the plan.

8.__Assistance in determining approval of plan.__For the purpose of determining whether a plan meets the requirements of this section and any other relevant provisions of this Title, the superintendent may employ staff personnel and outside consultants.__All reasonable costs related to the review of a plan, including those attributable to the use of staff personnel, must be borne by the insurer or insurers making the filing.

9.__Injunctive relief and damages.__If the reorganizing insurer complies substantially and in good faith with the requirements of subsection 4, paragraph B with respect to the giving of any required notice to policyholders, the insurer's failure to give notice to a person entitled to notice does not impair the validity of the actions and proceedings taken under this section or entitle that person to any injunctive or other equitable relief with respect to those actions and proceedings.__ This subsection does not impair any claim for damages that person would otherwise have due to failure to give notice.

10.__Commencement of challenges.__Challenges to the validity of or arising out of acts taken or proposed to be taken by a mutual insurer under this section must be commenced within 180 days of the superintendent's approval of the plan.

11.__Exclusion of certain insurers.__This section does not apply to an insurer authorized to transact life and health insurance or annuities or an insurer formed pursuant to chapter 52.

§3489.__Requirements applicable to a mutual holding company

1.__Definitions.__As used in this section, unless the context otherwise indicates, the following terms have the following meanings.