27-14-5-5. Limit on aggregate number of shares owned by employee benefit plan

IN Code § 27-14-5-5 (2019) (N/A)
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Sec. 5. The aggregate number of shares of stock that may be purchased or held by an employee benefit plan may not exceed ten percent (10%) of the total number of outstanding shares of a reorganized insurer or any stock holding company.

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