Indiana § 27-15-5-4 Notice of opportunity to vote; Flesch reading ease score; mailing

Indiana Statutes

§ 27-15-5-4 — Notice of opportunity to vote; Flesch reading ease score; mailing

Indiana § 27-15-5-4

Title 27INSURANCE

Art. 15DEMUTUALIZATION OF MUTUAL INSURANCE

Ch. 5Voting on the Plan by Members

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Bluebook

Ind. Code § 27-15-5-4 (2026).

Text

The notice described in section 3 of this chapter:

(1)must achieve a minimum score of forty (40) on the Flesch reading ease test or an equivalent score on a comparable test approved by the commissioner;

(2)shall be mailed, or provided by some other method or methods as may be approved by the commissioner, not less than thirty (30) days before the date of the meeting of members to vote on the plan of conversion and amendment to the articles of incorporation; and

(3)may be combined with any other notices, materials, or information.

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The notice described in section 3 of this
chapter:
(1) must achieve a minimum score of forty (40) on the Flesch
reading ease test or an equivalent score on a comparable test
approved by the commissioner;
(2) shall be mailed, or provided by some other method or methods
as may be approved by the commissioner, not less than thirty (30)
days before the date of the meeting of members to vote on the
plan of conversion and amendment to the articles of
incorporation; and
(3) may be combined with any other notices, materials, or
information.