Ind. Code § 27-14.5-1-17

Current through P.L. 171-2024

Section 27-14.5-1-17 - "Intermediate stock holding company"

"Intermediate stock holding company" means an entity, other than a reorganized insurer and its subsidiaries, that:

(1) is owned entirely or in part, directly or indirectly, by a mutual insurance holding company; and

(2) directly or indirectly owns all or part of the capital stock of a reorganized insurer.

IC 27-14.5-1-17

Added by P.L. 226-2023,SEC. 30, eff. 5/1/2023.