IC 27-14.5-1-17: "Intermediate stock holding company"

Sec. 17. "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.