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§ 27-15-6-5 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 27 - Insurance/
  5. Article 15 - Demutualization of Mutual Insurance Companies/
  6. Chapter 6 - Implementation of Approved Plan of Conversion27-15-6-1. Consummation of Plan/
  7. § 27-15-6-5
Indiana Legal Code

§ 27-15-6-5

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The former mutual shall comply with the minimum capital and surplus requirements applicable to domestic stock insurance companies as though the former mutual was organized as a stock insurance company on its original date of organization.As added by P.L.94-1999, SEC.3.