Indiana Code 27-15-1-10. “Membership interests”
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Sec. 10. “Membership interests” means:
(2) the rights of members of a domestic mutual insurance company to receive cash, stock, or other consideration in the event of a conversion to a stock insurance company under this article or a dissolution under IC 27-1-10, as provided by those laws and by the company’s articles of incorporation and bylaws.
(1) the voting rights of members of a domestic mutual insurance company as provided by law and by the company’s articles of incorporation and bylaws; and
As added by P.L.94-1999, SEC.3.