Indiana Statutes
§ 27-15-14-2 — Application for approval; required descriptions
Indiana·Title 27 INSURANCE·Art. 15 DEMUTUALIZATION OF MUTUAL INSURANCE·Ch. 14 Modified Conversion Requirements for Companies in
The application for approval of a plan of
conversion and an amendment to the articles of incorporation described
in section 1 of this chapter must include a description of how the
converting mutual will meet the statutory surplus and capital
requirements on the date the plan of conversion is completed, which
may involve the issuance and sale directly to one (1) or more
purchasers of the capital stock of the former mutual or of a parent
company.
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Legislative History
As added by P.L.94-1999, SEC.3.
Nearby Sections
15
§ 27-1-1-1
Creation; functions§ 27-1-1-2
Insurance commissioner§ 27-1-1-3
Personnel§ 27-1-1-4
Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10
"Annual Statement Blank"§ 27-1-1.5-11
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"Current Dental Terminology"; "CDT"§ 27-1-1.5-13
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"Healthcare Common Procedure Coding System"; "HCPCS"