IC 27-1-7-11 — Citizenship and residence qualifications of directors
Chapter 7. General Corporate Powers and Responsibilities of Insurance Companies
Section text
Sec. 11. A majority of directors must, during their entire terms of service, be citizens of the United States or Canada. At least one (1) of the directors must reside in Indiana.
Formerly: Acts 1935, c.162, s.89; Acts 1941, c.127, s.1; Acts 1947, c.18, s.1; Acts 1969, c.164, s.5. As amended by P.L.245-1989, SEC.1.
Source: official publisher (2026 edition)