Ind. Code § 27-5.1-2-40

Current through P.L. 171-2024

Section 27-5.1-2-40 - Investment gain; policyholder surplus

This article does not prohibit a farm mutual insurance company from doing the following:

(1) Distributing underwriting or investment gain to policyholders of a farm mutual insurance company.

(2) Accumulating a reasonable policyholder surplus for the payment of losses or other expenses.

IC 27-5.1-2-40

As added by P.L. 129-2003, SEC.8.