Indiana Code
Chapter 9. Formula for Allocation of Consideration Among Members
27-15-9-2. Applicable Actuarial Principles

Sec. 2. Any method used or formula developed for the fair and equitable allocation of stock among eligible members under this article must utilize generally accepted actuarial principles.
As added by P.L.94-1999, SEC.3.

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Structure Indiana Code

Indiana Code

Title 27. Insurance

Article 15. Demutualization of Mutual Insurance Companies

Chapter 9. Formula for Allocation of Consideration Among Members

27-15-9-1. Value, Amount, or Proportion of Consideration Received

27-15-9-2. Applicable Actuarial Principles