{"data":{"id":"us-in/ic-27-1-6-1","jurisdiction":"us-in","citation":"IC 27-1-6-1","heading":"Authority to incorporate; excluded kinds of insurance","body":"Sec. 1. Any number of natural persons, not less than seven (7), all of whom are eighteen (18) years of age or older, at least a majority of whom are residents of the state of Indiana and citizens of the United States, may form a corporation under the provisions of this chapter for the purpose of making any kind or kinds of insurance described in any one class set out in IC 27-1-5-1, other than reciprocal, farm mutual, fraternal, and assessment insurance, by complying with the provisions of this chapter.","path":["TITLE 27. INSURANCE","ARTICLE 1. DEPARTMENT OF INSURANCE","Chapter 6. Formation of Domestic Companies"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-1-6-1","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"39f6ad8d05d8b13d9eb5a9931657adeb9d9b9dcd2a9a3d15e013eedd6bf4a531","source_id":"us-in","stale":false,"prev":"us-in/ic-27-1-5-4","next":"us-in/ic-27-1-6-2"},"notice":"GroundRules: Original legal text. Not legal advice."}