§ 27-3-3-1

(b) 'Domestic insurer' means a stock insurance company organized under the laws of this state.(c) 'Parent corporation' means a corporation organized for any purpose under the laws of this state or any other jurisdiction that owns, directly or indirectly, at least ninety percent (90%) of the issued and outstanding voting stock of a domestic insurer.(d) 'Subsidiary insurer' means a domestic insurer, at least ninety percent (90%) of the issued and outstanding voting stock of which is owned by a parent corporation.(e) 'Voting stock' means shares issued by a domestic insurer, the record holders of which are entitled to vote at each election of directors of the domestic insurer, and securities convertible into or evidencing a right to acquire the shares.Formerly: Acts 1973, P.L.278, SEC.1. As amended by P.L.245-1989, SEC.2.