Indiana Statutes

§ 27-3-3-1 — Definitions

Indiana § 27-3-3-1
JurisdictionIndiana
Title 27INSURANCE
Art. 3CONSOLIDATIONS AND REORGANIZATION
Ch. 3Acquisition of Certain Minority Interests in Subsidiary

This text of Indiana § 27-3-3-1 (Definitions) 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 § 27-3-3-1 (2026).

Text

As used in this chapter:

(a)"Commissioner" means the insurance commissioner of this state.
(b)"Domestic insurer" means a stock insurance company organized under the laws of this state.
(c)"Parent corporation" means a corporation organized for any purpose under the laws of this state or any other jurisdiction that owns, directly or indirectly, at least ninety percent (90%) of the issued and outstanding voting stock of a domestic insurer.
(d)"Subsidiary insurer" means a domestic insurer, at least ninety percent (90%) of the issued and outstanding voting stock of which is owned by a parent corporation.
(e)"Voting stock" means shares issued by a domestic insurer, the record holders of which are entitled to vote at each election of directors of the domestic insurer, and securities converti

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Indiana § 27-3-3-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-3-3-1.