{"data":{"id":"us-in/ic-27-14.5-2-3","jurisdiction":"us-in","citation":"IC 27-14.5-2-3","heading":"Mutual insurance holding company must have voting power","body":"Sec. 3. After the effective date of the reorganization of a mutual insurance company as a mutual insurance holding company under this chapter, the mutual insurance holding company must at all times have the direct or indirect power to cast at least a majority of the votes for the election of the members of the board of directors of:\n(1) each stock insurance company subsidiary; and\n(2) any intermediate stock holding company.","path":["TITLE 27. INSURANCE","ARTICLE 14.5. MUTUAL INSURANCE HOLDING COMPANY LAW","Chapter 2. Mutual Insurance Company Reorganization"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-14.5-2-3","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"ebe333b111100d2907a9b017c7b9f8d1c4a497861429f5884c646c9c25e5318c","source_id":"us-in","stale":false,"prev":"us-in/ic-27-14.5-2-2","next":"us-in/ic-27-14.5-2-4"},"notice":"GroundRules: Original legal text. Not legal advice."}