Indiana Statutes

§ 27-15-9-1 — Value, amount, or proportion of consideration received

Indiana·Title 27 INSURANCE·Art. 15 DEMUTUALIZATION OF MUTUAL INSURANCE·Ch. 9 Formula for Allocation of Consideration Among

The method or formula for allocating consideration among the eligible members shall provide for each eligible member to receive:

(1)a fixed value, amount, or proportion of consideration;
(2)a variable value, amount, or proportion of consideration; or
(3)a combination of fixed and variable values, amounts, or proportions of consideration.

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Legislative History

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

Nearby Sections

15
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