Indiana Statutes

§ 27-15-1-7 — "Eligible member"

Indiana § 27-15-1-7
JurisdictionIndiana
Title 27INSURANCE
Art. 15DEMUTUALIZATION OF MUTUAL INSURANCE
Ch. 1General Provisions and Definitions

This text of Indiana § 27-15-1-7 ("Eligible member") 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 § 27-15-1-7 (2026).

Text

"Eligible member" means a person who:

(1)is a member of the converting mutual on the date the converting mutual's board of directors adopts a resolution proposing a plan of conversion and an amendment to the articles of incorporation; and
(2)continues to be a member of the converting mutual on the effective date of the conversion.

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Legislative History

As added by P.L.94-1999, SEC.3.

Nearby Sections

15
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Bluebook (online)
Indiana § 27-15-1-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-15-1-7.