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§ 27-15-1-6 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 27 - Insurance/
  5. Article 15 - Demutualization of Mutual Insurance Companies/
  6. Chapter 1 - General Provisions and Definitions27-15-1-1. Short Title/
  7. § 27-15-1-6
Indiana Legal Code

§ 27-15-1-6

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'Converting mutual' means a domestic mutual insurance company that has adopted a plan of conversion and an amendment to its articles of incorporation under this article that will, upon consummation, result in the domestic mutual insurance company converting into a domestic stock insurance company.As added by P.L.94-1999, SEC.3.