{"data":{"id":"us-in/ic-27-5.1-2-40","jurisdiction":"us-in","citation":"IC 27-5.1-2-40","heading":"Investment gain; policyholder surplus","body":"Sec. 40. This article does not prohibit a farm mutual insurance company from doing the following:\n(1) Distributing underwriting or investment gain to policyholders of a farm mutual insurance company.\n(2) Accumulating a reasonable policyholder surplus for the payment of losses or other expenses.","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#27-5.1-2-40","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"49da62e62c93b501e7a7d68fe47f1ef3bd5f9a578622670b288f2d27adf7b3d6","source_id":"us-in","stale":false,"prev":"us-in/ic-27-5.1-2-39","next":"us-in/ic-27-5.1-2-41"},"notice":"GroundRules: Original legal text. Not legal advice."}