Sec. 4. When the provisions of sections 1, 2, and 3 of this chapter have been complied with and the applicant has fulfilled all the requirements imposed by this article upon a similar domestic company doing a like business, then the commissioner may, in his discretion, issue a certificate of authority as provided in IC 27-1-6-18.
Formerly: Acts 1935, c.162, s.243. As amended by P.L.252-1985, SEC.84.
Structure Indiana Code
Article 1. Department of Insurance
Chapter 19. Reorganization of Foreign Companies Into Domestic Companies
27-1-19-1. Authority to Reorganize as Domestic Company
27-1-19-2. Articles of Reorganization; Adoption by Directors; Contents
27-1-19-3. Articles of Reorganization; Presentation and Approval
27-1-19-4. Certificate of Authority
27-1-19-5. Continuation of Existing Obligations
27-1-19-6. Vesting of Assets in New Corporation; Name; Treatment of Real Estate
27-1-19-7. Reports; Regulation and Supervision; Location of Principal Office