Statutes, codes, and regulations
Indiana Code
Title 27 - INSURANCEArticle 15 - DEMUTUALIZATION OF MUTUAL INSURANCE COMPANIES
Chapter 9 - FORMULA FOR ALLOCATION OF CONSIDERATION AMONG MEMBERS
Section 27-15-9-1 - Value, amount, or proportion of consideration received

Ind. Code § 27-15-9-1

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Current through P.L. 171-2024
Section 27-15-9-1 - Value, amount, or proportion of consideration received

The method or formula for allocating consideration among the eligible members shall provide for each eligible member to receive:

(1) a fixed value, amount, or proportion of consideration;
(2) a variable value, amount, or proportion of consideration; or
(3) a combination of fixed and variable values, amounts, or proportions of consideration.

IC 27-15-9-1

As added by P.L. 94-1999, SEC.3.