{"data":{"id":"us-in/ic-27-15-1-7","jurisdiction":"us-in","citation":"IC 27-15-1-7","heading":"\"Eligible member\"","body":"Sec. 7. \"Eligible member\" means a person who:\n(1) is a member of the converting mutual on the date the converting mutual's board of directors adopts a resolution proposing a plan of conversion and an amendment to the articles of incorporation; and\n(2) continues to be a member of the converting mutual on the effective date of the conversion.","path":["TITLE 27. INSURANCE","ARTICLE 15. DEMUTUALIZATION OF MUTUAL INSURANCE COMPANIES","Chapter 1. General Provisions and Definitions"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-15-1-7","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"c78856acab6c5cf0cf27d2603c21963bfe11b3080453f3a5517a6cf8e9f0353a","source_id":"us-in","stale":false,"prev":"us-in/ic-27-15-1-6","next":"us-in/ic-27-15-1-8"},"notice":"GroundRules: Original legal text. Not legal advice."}
