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

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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.

Cite this article: - Indiana Code Title 27. Insurance § 27-15-16-1 - last updated June 08, 2021 |

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