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Indiana · Snapshot 2026

IC 27-15-9-1: Value, amount, or proportion of consideration received

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Where this section sits in the code
  1. TITLE 27. INSURANCE
  2. ARTICLE 15. DEMUTUALIZATION OF MUTUAL INSURANCE COMPANIES
  3. 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

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