Sec. 2. Nothing contained in this chapter shall be construed to enlarge the corporate powers of any insurance company, nor to authorize any insurance company to engage in any kind or kinds of insurance business not authorized by its articles of incorporation, nor to authorize any foreign insurance company to engage in any kind or kinds of insurance business in this state not covered by its certificate of authority to do business in this state.
Formerly: Acts 1935, c.162, s.115. As amended by P.L.252-1985, SEC.40.
Structure Indiana Code
Article 1. Department of Insurance
Chapter 9. Merger, Consolidation, and Reinsurance
27-1-9-1. Authority to Merge, Consolidate, or Reinsure
27-1-9-2. Effect of Article on Corporate Powers and Kinds of Business
27-1-9-2.5. Definitions Relating to Merger
27-1-9-3. Procedure for Merger
27-1-9-4. Procedure for Consolidation
27-1-9-5. Effective Time of Merger or Consolidation
27-1-9-6. Recording Certified Copies of Certificate of Merger or Consolidation
27-1-9-8. Voting at Meeting of Shareholders, Policyholders, or Members; Proxies; Vote Required
27-1-9-9. Dissenting Shareholders; Payment of Value of Shares; Appraisal
27-1-9-11. Effect of Merger or Consolidation
27-1-9-13. Transfer of Deposit Covering Policies Assumed by Foreign Corporation to Foreign State