Indiana § 27-1-6-1 Authority to incorporate; excluded kinds of insurance

Indiana Statutes

§ 27-1-6-1 — Authority to incorporate; excluded kinds of insurance

Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 6 Formation of Domestic Companies

Any number of natural persons, not less than
seven (7), all of whom are eighteen (18) years of age or older, at least
a majority of whom are residents of the state of Indiana and citizens of
the United States, may form a corporation under the provisions of this
chapter for the purpose of making any kind or kinds of insurance
described in any one class set out in IC 27-1-5-1, other than reciprocal,
farm mutual, fraternal, and assessment insurance, by complying with
the provisions of this chapter.
Formerly: Acts 1935, c.162, s.61; Acts 1973, P.L.270, SEC.1.
As amended by P.L.252-1985, SEC.15.

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Any number of natural persons, not less than
seven (7), all of whom are eighteen (18) years of age or older, at least
a majority of whom are residents of the state of Indiana and citizens of
the United States, may form a corporation under the provisions of this
chapter for the purpose of making any kind or kinds of insurance
described in any one class set out in IC 27-1-5-1, other than reciprocal,
farm mutual, fraternal, and assessment insurance, by complying with
the provisions of this chapter.
Formerly: Acts 1935, c.162, s.61; Acts 1973, P.L.270, SEC.1.
As amended by P.L.252-1985, SEC.15.

Indiana § 27-1-6-1 (Authority to incorporate; excluded kinds of insurance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.