Terms Used In Indiana Code 27-3-3-5

• Subsidiary insurer: means a domestic insurer, at least ninety percent (90%) of the issued and outstanding voting stock of which is owned by a parent corporation. See Indiana Code 27-3-3-1
• Voting stock: means shares issued by a domestic insurer, the record holders of which are entitled to vote at each election of directors of the domestic insurer, and securities convertible into or evidencing a right to acquire the shares. See Indiana Code 27-3-3-1