{"data":{"id":"us-in/ic-27-15-8-1","jurisdiction":"us-in","citation":"IC 27-15-8-1","heading":"Forms of consideration","body":"Sec. 1. The consideration to be distributed to the eligible members shall be:\n(1) cash;\n(2) stock or other securities of the former mutual or of the parent company;\n(3) additional paid up insurance or annuity benefits;\n(4) any combination of the forms of consideration listed in this section; or\n(5) other forms of consideration described in the plan of conversion and approved by the commissioner.","path":["TITLE 27. INSURANCE","ARTICLE 15. DEMUTUALIZATION OF MUTUAL INSURANCE COMPANIES","Chapter 8. Distribution of Consideration to Members"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-15-8-1","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"9ee8ef131641dc2b9f7617363006280efa7156a4ac4aaa4c5285a40848b101b9","source_id":"us-in","stale":false,"prev":"us-in/ic-27-15-7-3","next":"us-in/ic-27-15-8-2"},"notice":"GroundRules: Original legal text. Not legal advice."}