Commencement of demutualization

Ind. Code § 27-15-2-1
in effect
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Sec. 1. The board of directors of the converting mutual shall commence the demutualization process by adopting a resolution that proposes: (1) the amendment of its articles of incorporation under IC 27-1-8-2; and (2) a plan of conversion. As added by P.L.94-1999, SEC.3.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/27Fetched: 10/17/2026

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