Indiana Statutes
§ 27-15-8-1 — Forms of consideration
Indiana § 27-15-8-1
JurisdictionIndiana
Title 27INSURANCE
Art. 15DEMUTUALIZATION OF MUTUAL INSURANCE
Ch. 8Distribution of Consideration to Members
This text of Indiana § 27-15-8-1 (Forms of consideration) 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 § 27-15-8-1 (2026).
Text
The consideration to be distributed to the eligible members shall be:
(1)cash;
(2)stock or other securities of the former mutual or of the parent
company;
(3)additional paid up insurance or annuity benefits;
(4)any combination of the forms of consideration listed in this
section; or
(5)other forms of consideration described in the plan of
conversion and approved by the commissioner.
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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Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10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
"Annual Statement Instructions"§ 27-1-1.5-12
"Current Dental Terminology"; "CDT"§ 27-1-1.5-13
"Current Procedural Terminology"; "CPT"§ 27-1-1.5-15
"Financial Analysis Handbook"§ 27-1-1.5-16
"Financial Condition Examiner's Handbook"§ 27-1-1.5-18
"Healthcare Common Procedure Coding System"; "HCPCS"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 27-15-8-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-15-8-1.