Sec. 8. The former mutual shall:
(1) submit to the commissioner annual reports, in a form acceptable to the commissioner, that account for and describe the operations of the closed block; and
(2) as specified in the plan of operation, provide at least every three (3) years for reviews of, and reports and opinions on, the closed block by an independent actuary, unless otherwise directed by the commissioner.
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