Sec. 10. (a) Except as otherwise provided in this article and subject to subsection (b), the amendment of the articles of incorporation of a mutual insurance company under a plan under this article must be conducted in compliance with IC 27-1-8.

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Terms Used In Indiana Code 27-14.5-4-10

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
     (b) The commissioner, the attorney general, and the secretary of state shall:

(1) examine; and

(2) if warranted, approve;

the proposed articles of amendment before the amended articles are submitted to the members for approval.

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