IC 27-5.1-2-40: Investment gain; policyholder surplus
Where this section sits in the code
- TITLE 27. INSURANCE
- ARTICLE 5.1. FARM MUTUAL INSURANCE COMPANIES
- Chapter 2. Farm Mutual Insurance Companies
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.
Collected 2026-09-25T05:39:04Z. Source file · JSON