Indiana Statutes

§ 27-2-18-11 — Contents of reports of material acquisitions and dispositions

Indiana·Title 27 INSURANCE·Art. 2 POWERS AND DUTIES OF INSURERS·Ch. 18 Disclosure of Material Transactions

The following information must be disclosed in any report of a material asset acquisition or asset disposition:

(1)The date of the transaction.
(2)The manner of the asset acquisition or asset disposition.
(3)A description of the assets involved.
(4)The nature and amount of the consideration given or received in connection with the asset acquisition or the asset disposition.
(5)The purpose of or reason for the transaction.
(6)The manner by which the amount of consideration was determined.
(7)The gain or loss recognized or realized as a result of the transaction.
(8)The name of each person from whom the assets were acquired or to whom the assets were disposed.

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Indiana § 27-2-18-11 (Contents of reports of material acquisitions and dispositions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.251-1995, SEC.17.

Nearby Sections

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