Sec. 7. Such new corporation shall hereafter make its reports in accordance with the laws of the state of Indiana, and shall be subject to the exclusive regulation and supervision of the department of insurance of the state of Indiana, and thereafter shall make its applications for the purpose of doing business in other states, and countries, as a corporation of the state of Indiana, and shall be subject to regulation and supervision by the insurance departments of other states and countries as a foreign insurance company. In its resolution for reincorporation under this law, it shall state the location of its principal office, which shall be in this state.
Formerly: Acts 1935, c.162, s.246.
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