27-15-1-6. "Converting mutual"

IN Code § 27-15-1-6 (2019) (N/A)
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Sec. 6. "Converting mutual" means a domestic mutual insurance company that has adopted a plan of conversion and an amendment to its articles of incorporation under this article that will, upon consummation, result in the domestic mutual insurance company converting into a domestic stock insurance company.

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