Indiana § 27-8-3-4 Determination of fee rates and amount of premiums, assessments, or
periodical calls; risks

Indiana Statutes

§ 27-8-3-4 — Determination of fee rates and amount of premiums, assessments, or periodical calls; risks

Indiana·Title 27 INSURANCE·Art. 8 LIFE, ACCIDENT, AND HEALTH·Ch. 3 Mutual Life and Accident─Formation

The trustees, directors, or managers, or the
persons designated in the bylaws of the corporation, association, or
society, subject to the provisions of this chapter, shall fix the fee rates
and amounts of premiums, assessments, or periodical calls, and the
time and manner of the payment thereof, and the risks to be assumed
by such corporation, association, or society, and the duration thereof,
and may change the same, from time to time, as the experience of the
corporation, association, or society may require. An affidavit made by
the person having charge of the mailing of notices of premiums,
assessments, or periodical calls that any such notice was mailed to his
last postoffice address, stating the date of mailing, shall be prima facie
evidence thereof.
Formerly: Acts 1897, c.195, s.4. A

Free access — add to your briefcase to read the full text and ask questions with AI

The trustees, directors, or managers, or the
persons designated in the bylaws of the corporation, association, or
society, subject to the provisions of this chapter, shall fix the fee rates
and amounts of premiums, assessments, or periodical calls, and the
time and manner of the payment thereof, and the risks to be assumed
by such corporation, association, or society, and the duration thereof,
and may change the same, from time to time, as the experience of the
corporation, association, or society may require. An affidavit made by
the person having charge of the mailing of notices of premiums,
assessments, or periodical calls that any such notice was mailed to his
last postoffice address, stating the date of mailing, shall be prima facie
evidence thereof.
Formerly: Acts 1897, c.195, s.4. As amended by P.L.252-1985,
SEC.278.

Indiana § 27-8-3-4 (Determination of fee rates and amount of premiums, assessments, or periodical calls; risks) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.