Waiver of right to receive dividend; authorization

Ind. Code § 28-6.2-5-8
in effect
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Sec. 8. Unless authorized by the director, a mutual holding company may not waive its right to receive any dividend declared by a subsidiary. As added by P.L.122-1994, SEC.101.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/28Fetched: 10/17/2026

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