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Indiana Code Title 27. Insurance § 27-15-16-1

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 1. A parent company under this article:

(1) shall locate its executive offices in Indiana;

(2) shall employ at least five hundred (500) persons or a substantial percentage of its workforce in Indiana;

(3) shall be organized under the laws of Indiana;  and

(4) may be:

(A) a corporation organized for the purpose of serving as a holding company for the former mutual or a corporation that, before the conversion, was a subsidiary of the converting mutual;  or

(B) any other existing or newly created corporation.

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Cite this article: FindLaw.com - Indiana Code Title 27. Insurance § 27-15-16-1 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-27-insurance/in-code-sect-27-15-16-1/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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