27-14-3-4. Direct payments to members

IN Code § 27-14-3-4 (2019) (N/A)
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Sec. 4. The MIHC may not make any direct payment of income, dividends, or other distribution of profits to a member of an MIHC with respect to any membership interest in the MIHC, other than as directed or approved by the commissioner.

As added by P.L.5-2000, SEC.4.