IC 27-15-9-1: Value, amount, or proportion of consideration received
Where this section sits in the code
- TITLE 27. INSURANCE
- ARTICLE 15. DEMUTUALIZATION OF MUTUAL INSURANCE COMPANIES
- Chapter 9. Formula for Allocation of Consideration Among Members
Sec. 1. The method or formula for allocating consideration among the eligible members shall provide for each eligible member to receive:
(1) a fixed value, amount, or proportion of consideration;
(2) a variable value, amount, or proportion of consideration; or
(3) a combination of fixed and variable values, amounts, or proportions of consideration.
Collected 2026-09-25T05:39:04Z. Source file · JSON