The consideration to be distributed to the eligible members shall be:(1) cash;(2) stock or other securities of the former mutual or of the parent company;(3) additional paid up insurance or annuity benefits;(4) any combination of the forms of consideration listed in this section; or(5) other forms of consideration described in the plan of conversion and approved by the commissioner.As added by P.L.94-1999, SEC.3.
Indiana Legal Code