Sec. 12. "Policyholder surplus" means the accumulated assets of a farm mutual insurance company that exceed the farm mutual insurance company's accrued losses and expenses. As added by P.L.129-2003, SEC.8.
Ind. Code § 27-5.1-1-12, under Definitions.
Ind. Code § 27-5.1-1-12
Sec. 12. "Policyholder surplus" means the accumulated assets of a farm mutual insurance company that exceed the farm mutual insurance company's accrued losses and expenses. As added by P.L.129-2003, SEC.8.