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Terms Used In Indiana Code 27-6-9-3

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • reinsurance intermediary: means :

    Indiana Code 27-6-9-6

   Sec. 3. As used in this chapter, “controlling person” means any person, firm, association, limited liability company, or corporation who directly or indirectly has the power to direct or cause to be directed, the management, control, or activities of a reinsurance intermediary.

As added by P.L.26-1991, SEC.26. Amended by P.L.8-1993, SEC.423.