Indiana Code 27-15-9-1. Value, amount, or proportion of consideration received

Sec. 1. The method or formula for allocating consideration among the eligible members shall provide for each eligible member to receive:

(1) a fixed value, amount, or proportion of consideration;

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

(2) a variable value, amount, or proportion of consideration; or

(3) a combination of fixed and variable values, amounts, or proportions of consideration.

As added by P.L.94-1999, SEC.3.