Indiana Statutes
§ 27-15-8-3 — Delay in distribution; time limitation
Indiana § 27-15-8-3
JurisdictionIndiana
Title 27INSURANCE
Art. 15DEMUTUALIZATION OF MUTUAL INSURANCE
Ch. 8Distribution of Consideration to Members
This text of Indiana § 27-15-8-3 (Delay in distribution; time limitation) 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 § 27-15-8-3 (2026).
Text
Distribution of all or part of the consideration
to some or all of the eligible members may be delayed, or restrictions
on sale or transfer of any stock or other securities to be distributed to
eligible members may be required, for a reasonable period of time
following the effective date of the conversion. However, the period of
time may not exceed six (6) months except as permitted under IC 27-15-12.
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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Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10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 § 27-15-8-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-15-8-3.