Indiana Code 27-14.5-1-19. “Member’s interest”
Current as of: 2024 | Check for updates
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Sec. 19. “Member’s interest” means:
(2) the right to receive cash, stock, or other consideration in the event of a liquidation or dissolution under IC 27-1-10, conversion to a stock company under IC 27-15, or as provided by the mutual insurance company’s or mutual insurance holding company’s articles of incorporation or bylaws.
(1) the voting rights of a member provided by the mutual insurance company’s or the mutual insurance holding company’s articles of incorporation or bylaws; and
As added by P.L.226-2023, SEC.30.