Indiana § 27-1-19-8 - Directors

§ 27-1-19-8. Directors

Sec. 8. The board of directors, or other governing body, of such corporation, shall remain for the new corporation, the same as for the old, until changed by the board of directors of the new corporation. Their election and terms of office shall remain the same as they were prior to the new incorporation.

Formerly: Acts 1935, c.162, s.247.

IC 27-1-20Chapter 20. Additional Provisions Pertaining to All Insurance Companies

27-1-20-1Insurance of deposited securities 27-1-20-2Repealed 27-1-20-3Eligibility of investments for deposit; existing investments 27-1-20-4Revaluation of investments omitting interest or dividends 27-1-20-5Deposit of securities acquired from foreign life insurer under reinsurance agreement 27-1-20-6Transfer of defaulted deposited securities to other depository under financial reorganization agreement; filing receipt; effect on deposit credit 27-1-20-7Withdrawal from deposit to pledge for loan; effect; redeposit 27-1-20-8Deposits as a condition of doing business; definitions; securities; bank deposits with restricted withdrawal privileges 27-1-20-9Substitution of securities on deposit; withdrawal of securities in excess of requirements 27-1-20-10Disposition of interest earned by securities on deposit 27-1-20-11Discontinuance of business; procedure for return of deposited securities 27-1-20-12Retaliatory provisions 27-1-20-13Fees of secretary of state 27-1-20-14Pension plan for officers and employees 27-1-20-15Automatic revocation of authority for failure to timely complete organization 27-1-20-16Repealed 27-1-20-17Repealed 27-1-20-18Repealed 27-1-20-19Misrepresentation of funds available to pay losses or policy claims 27-1-20-20Financial statement; requirements; violations; penalties 27-1-20-21Annual financial statement; microfilm copies 27-1-20-21.1Repealed 27-1-20-21.2Civil penalty; failure to comply with IC 27-1-20-21 27-1-20-21.3Actuarial opinions 27-1-20-22Verification of accounts and reports 27-1-20-23Remedies of receivership exclusive with department; exception in favor of judgment creditor 27-1-20-24Repealed 27-1-20-25Organization of new companies on Lloyds or assessment plan prohibited; surplus requirement for reciprocal plan 27-1-20-26Exemption from article of a farm mutual insurance company 27-1-20-27Exemption of domestic mutual fire insurance companies 27-1-20-28Repealed 27-1-20-29Exemption of abstract and title insurance companies 27-1-20-30Rebate of premium or commission; unfair competition 27-1-20-31Restrictions on interlocking directorates 27-1-20-32Effect of captions 27-1-20-33Annual Statement Blank, additional filings and quarterly statements; filings with NAIC 27-1-20-34Repealed 27-1-20-35Insurer response to department request 27-1-20-36Health insurer withdrawal from individual market