Indiana Code 27-5.1-2-40. Investment gain; policyholder surplus
Current as of: 2023 | Check for updates
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Sec. 40. This article does not prohibit a farm mutual insurance company from doing the following:
(1) Distributing underwriting or investment gain to policyholders of a farm mutual insurance company.
(2) Accumulating a reasonable policyholder surplus for the payment of losses or other expenses.
As added by P.L.129-2003, SEC.8.