Indiana Statutes
§ 27-3-3-4 — Parent and subsidiary as separate corporations
Indiana § 27-3-3-4
JurisdictionIndiana
Title 27INSURANCE
Art. 3CONSOLIDATIONS AND REORGANIZATION
Ch. 3Acquisition of Certain Minority Interests in Subsidiary
This text of Indiana § 27-3-3-4 (Parent and subsidiary as separate corporations) 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 § 27-3-3-4 (2026).
Text
Notwithstanding a plan of acquisition effected
pursuant to this chapter, the parent corporation and its subsidiary
insurer shall in all respects stand before the law as separate and distinct
corporations, with neither of the corporations having any liability to the
creditors, policyholders, if any, or shareholders of the other,
notwithstanding any actions or omissions of the officers, directors, or
shareholders of either or both of the corporations.
Formerly: Acts 1973, P.L.278, SEC.1.
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Nearby Sections
15
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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Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10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
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"Healthcare Common Procedure Coding System"; "HCPCS"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 27-3-3-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-3-3-4.