27-5.1-2-40. Investment gain; policyholder surplus

IN Code § 27-5.1-2-40 (2019) (N/A)
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Sec. 40. This article does not prohibit a farm mutual insurance company from doing the following:

(1) Distributing underwriting or investment gain to policyholders of a farm mutual insurance company.

(2) Accumulating a reasonable policyholder surplus for the payment of losses or other expenses.

As added by P.L.129-2003, SEC.8.