Sec. 9. The interest of a member in an MIHC does not constitute a security under Indiana law.
As added by P.L.5-2000, SEC.4.
Structure Indiana Code
Article 14. Mutual Insurance Holding Company Law
Chapter 3. Mutual Insurance Holding Companies
27-14-3-1. Requirement to Comply With Ic 27-14-2
27-14-3-2. Contents of Articles of Incorporation
27-14-3-3. Rights and Obligations of Members
27-14-3-4. Direct Payments to Members
27-14-3-6. Rights and Obligations of an Mihc
27-14-3-7. Annual Statement; Certifications
27-14-3-8. Material Transactions
27-14-3-9. Interest of Member Not Considered a Security
27-14-3-10. Fiduciary Responsibilities and Liability of Officers and Directors
27-14-3-11. Dividends and Distributions
27-14-3-12. Compensation of Directors and Executive Officers
27-14-3-13. Investment and Operations in Businesses Outside Insurance Business