Indiana Statutes

§ 27-15-9-2 — Applicable actuarial principles

Indiana·Title 27 INSURANCE·Art. 15 DEMUTUALIZATION OF MUTUAL INSURANCE·Ch. 9 Formula for Allocation of Consideration Among
Any method used or formula developed for the fair and equitable allocation of stock among eligible members under this article must utilize generally accepted actuarial principles.

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Legislative History

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

Nearby Sections

15
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