Required vote of members in favor of plan of reorganization

Ind. Code § 27-14.5-2-12, under Mutual Insurance Company Reorganization.

Ind. Code § 27-14.5-2-12

Sec. 12. A plan of reorganization is approved under this chapter upon the affirmative vote of at least a majority of the votes cast by eligible members either in person or by proxy. As added by P.L.226-2023, SEC.30.