Section 27-14.5-1-19 - "Member's interest" "Member's interest" means:
(1) the voting rights of a member provided by the mutual insurance company's or the mutual insurance holding company's articles of incorporation or bylaws; and(2) the right to receive cash, stock, or other consideration in the event of a liquidation or dissolution under IC 27-1-10, conversion to a stock company under IC 27-15, or as provided by the mutual insurance company's or mutual insurance holding company's articles of incorporation or bylaws.Added by P.L. 226-2023,SEC. 30, eff. 5/1/2023.