Indiana Statutes

§ 27-14.5-3-3 — Amendment or withdrawal of plan to issue stock

Indiana § 27-14.5-3-3
JurisdictionIndiana
Title 27INSURANCE
Art. 14.5MUTUAL INSURANCE HOLDING COMPANY
Ch. 3Issuance of Capital Stock

This text of Indiana § 27-14.5-3-3 (Amendment or withdrawal of plan to issue stock) 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 § 27-14.5-3-3 (2026).

Text

A board of directors that adopts a plan to issue stock under this chapter may amend or withdraw the plan at any time before the effective date by a vote of not less than two-thirds (2/3) of the members of the board of directors. However, after the commissioner has approved a plan to issue stock, the plan may not be amended unless the commissioner approves the amendment.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

As added by P.L.226-2023, SEC.30.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Indiana § 27-14.5-3-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-14.5-3-3.