Sec. 7. The plan of operation must provide for the conditions under which the former mutual, with the approval of the commissioner, may cease to maintain the closed block.
As added by P.L.94-1999, SEC.3.
Structure Indiana Code
Article 15. Demutualization of Mutual Insurance Companies
Chapter 11. Use of a Closed Block
27-15-11-1. Applicability of Chapter
27-15-11-2. Preparation of Written Plan of Operation
27-15-11-3. Operation of Closed Block; Nonreversion of Assets
27-15-11-4. Sufficiency of Assets
27-15-11-5. Designation of Assets
27-15-11-6. Methods for Assignment or Designation of Assets
27-15-11-7. Conditions for Ceasing Maintenance of Closed Block