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Indiana Statutes, Title 27

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Indiana/Statutes

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Title 27, INSURANCE

344 chapters · 3,652 sections in this title.

All chapters in Title 273,652 Ch 1, Department Created215 Ch 2, Application of Article; Definitions199 Ch 3, General Powers and Duties of the Dep…199 Ch 4, Prohibited Activities106 Ch 6, Formation of Domestic Companies100 Ch 10, Voluntary Dissolution99 Ch 5, Classification of Insurance97 Ch 9, Merger, Consolidation, and Reinsurance97 Ch 8, Procedures for Amending Articles of …96 Ch 12, Life Insurance Company Powers and Po…92 Ch 7, General Corporate Powers and Respons…84 Ch 36, Risk Based Capital Requirements75 Ch 15, Participating Providers; Contracts a…68 Ch 13, Casualty, Fire, and Marine Insurance…66

215 sections·Filtered byTitle 27✕Ch 1✕

Ind. Code § 27-14.5-1-23 "Person"
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Sec. 23. "Person" means any of the following: (1) An individual. (2) A group of individuals acting in concert. (3) A trust. (4) An association. (5) A partnership. (6) A limited liability company. (7) A corporation. (8) A joint venture. (9) A government or governmental subdivision…
Ind. Code § 27-14.5-1-24 "Plan"
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Sec. 24. "Plan" means a plan: (1) of reorganization; or (2) to issue stock. As added by P.L.226-2023, SEC.30.
Ind. Code § 27-14.5-1-25 "Plan of reorganization"
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Sec. 25. "Plan of reorganization" means a plan adopted under IC 27-14.5-2. As added by P.L.226-2023, SEC.30.
Ind. Code § 27-14.5-1-26 "Plan to issue stock"
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Sec. 26. "Plan to issue stock" means a plan to issue shares of stock of an intermediate stock holding company or a reorganized insurer adopted under IC 27-14.5-3. As added by P.L.226-2023, SEC.30.

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Ind. Code § 27-14.5-1-27 "Policy"

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Sec. 27. "Policy" means a contract providing one (1) or more of the kinds of insurance described in IC 27-1-5-1. As added by P.L.226-2023, SEC.30.

Ind. Code § 27-14.5-1-28 "Reorganized insurer"

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Sec. 28. "Reorganized insurer" means an entity: (1) that is a domestic stock insurance company that is owned entirely or in part by a mutual insurance holding company or an intermediate stock holding company; and (2) the members of which: (A) may be; or (B) are entitled to become…

Ind. Code § 27-14.5-1-29 "Subsidiary"

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Sec. 29. "Subsidiary" means, with respect to a particular person, an affiliate of the person that is controlled by the person, either: (1) directly; or (2) indirectly through one (1) or more intermediaries. As added by P.L.226-2023, SEC.30.

Ind. Code § 27-14.5-1-3 Intended effect of this article

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Sec. 3. (a) This article is intended to enable mutual insurance companies to seek additional capital more effectively to: (1) enhance their financial strength and flexibility; (2) support long term growth internally and through mergers and acquisitions; and (3) expand and enhance…

Ind. Code § 27-14.5-1-30 "Voting capital stock"

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Sec. 30. "Voting capital stock" means capital stock whose holder has the right to vote in the election of directors of the entity issuing the stock. As added by P.L.226-2023, SEC.30.

Ind. Code § 27-14.5-1-4 Definitions for article

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Sec. 4. The definitions set forth in this chapter apply throughout this article. As added by P.L.226-2023, SEC.30.

Ind. Code § 27-14.5-1-5 "Acting in concert"

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Sec. 5. (a) Subject to subsection (b), "acting in concert" means: (1) a knowing participation in a joint activity whether or not under an express agreement; (2) interdependent conscious parallel action toward a common goal under an express agreement or otherwise; or (3) a combina…

Ind. Code § 27-14.5-1-6 "Adoption date"

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Sec. 6. "Adoption date" means, with respect to a plan, the date on which the board of directors approves a plan of reorganization or a plan to issue stock. As added by P.L.226-2023, SEC.30.

Ind. Code § 27-14.5-1-7 "Affiliate"

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Sec. 7. "Affiliate" means a person who, directly or indirectly: (1) controls; (2) is controlled by; or (3) is under common control with; another person. As added by P.L.226-2023, SEC.30.

Ind. Code § 27-14.5-1-8 "Applicant"

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Sec. 8. "Applicant" means, with respect to a plan, a person that has submitted a plan to the commissioner under this article. As added by P.L.226-2023, SEC.30.

Ind. Code § 27-14.5-1-9 "Associate"

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Sec. 9. (a) Subject to subsection (b), "associate" means any of the following: (1) With respect to a particular person, corporation, business entity, or other organization (other than the applicant or an affiliate of the applicant) for which the person is: (A) an officer; (B) a p…