Sec. 7. It shall not be obligatory upon any company, after the issuing of stock as aforesaid, to accept applications for insurance upon the mutual or assessment plan.
Formerly: Acts 1895, c.158, s.7.
Structure Indiana Code
Article 3. Consolidations and Reorganization
Chapter 2. Assessment Plans─reorganization Into Stock Companies
27-3-2-1. Authority to Issue Stock
27-3-2-2. Notice of Meeting; Vote of Members
27-3-2-6. Officers; Election; Bond
27-3-2-7. Option to Discontinue Writing Insurance on Mutual or Assessment Plan