Indiana Statutes

§ 27-1-11-2 — Articles; approval by directors

Indiana § 27-1-11-2
JurisdictionIndiana
Title 27INSURANCE
Art. 1DEPARTMENT OF INSURANCE
Ch. 11Reorganization of Existing Insurance Companies

This text of Indiana § 27-1-11-2 (Articles; approval by directors) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 27-1-11-2 (2026).

Text

The board of directors of such company desiring to reorganize under this article shall, by resolution adopted by a majority vote of the members of such board, approve the articles of reorganization setting forth:

(1)the name of the corporation;
(2)the location of its principal office;
(3)the date of its incorporation or organization;
(4)a designation of the statute under which it was organized;
(5)a declaration that it accepts all of the terms and provisions of this article; and
(6)a restatement of such provisions of its articles of incorporation or association as may be deemed desirable so long as the provisions restated would have been authorized by this article as provisions of original articles of incorporation for a corporation organized under this article. Formerly: Acts 1935,

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Bluebook (online)
Indiana § 27-1-11-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-1-11-2.