{"data":{"id":"us-in/ic-27-5.1-2-3","jurisdiction":"us-in","citation":"IC 27-5.1-2-3","heading":"Proposed farm mutual insurance companies; application for certificate of authority","body":"Sec. 3. (a) If a proposed farm mutual insurance company does not hold a certificate of authority to do business in Indiana on June 30, 2003, an application may be made to the commissioner on a form prescribed by the commissioner for a certificate of authority for the proposed farm mutual insurance company to do business in Indiana as a standard company.\n(b) An application described in subsection (a) must include the following concerning the proposed farm mutual insurance company:\n(1) The name.\n(2) The location and address of the principal office.\n(3) The names and addresses of the officers and directors.\n(4) Three (3) copies of the articles of incorporation.\n(5) A copy of the bylaws.\n(c) A standard company described in subsection (a), not earlier than three (3) years after it is granted a certificate of authority to do business as a standard company, may elect to obtain a certificate of authority to do business as an extended company if the standard company:\n(1) has an annual direct written premium of more than one million dollars ($1,000,000); and\n(2) complies with IC 27-5.1-4-2.","path":["TITLE 27. INSURANCE","ARTICLE 5.1. FARM MUTUAL INSURANCE COMPANIES","Chapter 2. Farm Mutual Insurance Companies"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-5.1-2-3","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"8c9096784538273458e00df4999bf359c48e6e4f44a984b2f24a3ecb1b0f393f","source_id":"us-in","stale":false,"prev":"us-in/ic-27-5.1-2-2","next":"us-in/ic-27-5.1-2-4"},"notice":"GroundRules: Original legal text. Not legal advice."}