Indiana Code Title 27. Insurance § 27-15-11-3

Sec. 3. The closed block shall be operated for the exclusive benefit of policies and contracts included in it.  No costs or expenses incurred in connection with the conversion shall be charged to the closed block.  Subject to termination of the closed block under section 7 of this chapter, none of the assets allocated to the closed block or the revenue derived from those assets may revert to the benefit of the stockholders of the former mutual or any parent company.