IC 27-1-20-14 — Pension plan for officers and employees
Chapter 20. Additional Provisions Pertaining to All Insurance Companies
Section text
Sec. 14. Any insurance company organized under the laws of this state, in addition to the rights and powers conferred upon it by the law under which it was organized and/or under which it operates, shall have the power to establish a pension plan or system for the benefit of its officers and employees. Before such a plan or system is adopted by a company, it shall be submitted to and approved by the commissioner of insurance.
Formerly: Acts 1935, c.162, s.262a.
Source: official publisher (2026 edition)