Sec. 6. The term "equity security", when used in this chapter, means any stock or similar security, or any security convertible, with or without consideration, into such a security, or carrying any warrant or right to subscribe to or purchase such a security, or any such warrant or right, or any other security which the insurance commissioner shall deem to be of similar nature and consider necessary or appropriate, by such rules as he may prescribe in the public interest or for the protection of investors, to treat as an equity security.
Formerly: Acts 1965, c.5, s.6. As amended by P.L.252-1985, SEC.134.
Structure Indiana Code
Article 2. Powers and Duties of Insurers
Chapter 10. Equity Securities of Insurance Companies
27-2-10-1. Statement of Equity Ownership and Changes in Holdings
27-2-10-3. Short Sales; Time for Delivery of Securities Sold
27-2-10-4. Exemption of Dealers
27-2-10-5. Exemption of Arbitrage Transactions
27-2-10-6. "Equity Security" Defined
27-2-10-7. Exemption of Sale of Registered Securities or Securities in Closely Held Corporation