Investment gain; policyholder surplus

Ind. Code § 27-5.1-2-40
in effect
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Sec. 40. 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. As added by P.L.129-2003, SEC.8.
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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