§ 27-1-11-1 Authority to reorganize; reorganization of mutual company as stock company unauthorized
§ 27-1-11-2 Articles; approval by directors
§ 27-1-11-3 Articles; submission to shareholders, members, or policyholders; vote required; eligibility to vote
§ 27-1-11-4 Articles; execution; approval or disapproval by department
§ 27-1-11-5 Articles; presentation to secretary of state; duties of secretary of state
§ 27-1-11-6 Filing copy of articles; cancellation of certificate of authority; recording articles; exercise of new powers
§ 27-1-11-7 Completion of reorganization; effect
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Terms Used In Indiana Code > Title 27 > Article 1 > Chapter 11 - Reorganization of Existing Insurance Companies

  • articles of incorporation: includes both the original articles of incorporation and any and all amendments thereto, except where the original articles of incorporation only are expressly referred to, and includes articles of merger, consolidation and reinsurance, and in case of corporations, heretofore organized, articles of reorganization filed in the office of the secretary of state, and all amendments thereto. See Indiana Code 27-1-2-3
  • certificate of authority: means an instrument in writing issued by the department to an insurer, which sets out the authority of such insurer to engage in the business of insurance or activities connected therewith. See Indiana Code 27-1-2-3
  • 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.
  • corporation: means an insurance company and includes all persons, partnerships, corporations, associations, orders or societies engaged in or proposing to engage in making any kind of insurance authorized by the laws of this state. See Indiana Code 27-1-2-3
  • Department: means "the department of insurance" of this state. See Indiana Code 27-1-2-3
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • principal office: means that office maintained by the corporation in this state, the address of which is required by the provisions of this article to be kept on file in the office of the department. See Indiana Code 27-1-2-3
  • Statute: A law passed by a legislature.