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IC 27-14.5-2-9 — Member voting on plan of reorganization

Chapter 2. Mutual Insurance Company Reorganization

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Section text

Sec. 9. In accordance with IC 27-1-7-9, a member: (1) may vote in person or by proxy; and (2) is entitled to cast only one (1) vote on the proposed plan of reorganization, regardless of the number of policies or the amount of insurance that the member may have with the applicant or any affiliate of the applicant.

As added by P.L.226-2023, SEC.30.

Source: official publisher (2026 edition)

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