Sec. 12. The representation of Indiana insurors on such governing body of such rating bureau described in section 10 of this chapter shall be equally divided as between domestic stock and mutual insurors, and the number of members on such governing body of such rating bureau shall be fixed so this can be accomplished.

Formerly: Acts 1935, c.162, s.180c; Acts 1947, c.269, s.3. As amended by P.L.252-1985, SEC.70.