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§ 27-5-1-2-24 — Indiana Law | CourtGPT
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  2. Laws/
  3. Indiana/
  4. Title 27 - Insurance/
  5. Article 5.1 - Farm Mutual Insurance Companies/
  6. Chapter 2 - Farm Mutual Insurance Companies27-5.1-2-0.1. Application of Certain Amendments to Chapter/
  7. § 27-5-1-2-24
Indiana Legal Code

§ 27-5-1-2-24

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Upon the commissioner's issuance of a certificate of merger under section 23 of this chapter, the farm mutual insurance companies that are parties to the merger plan become a single surviving farm mutual insurance company. The separate existence of each farm mutual insurance company that is a party to the merger plan ceases upon the issuance of the certificate of merger.As added by P.L.129-2003, SEC.8.