Proceeding pending against mutual insurance company
Ind. Code § 27-14.5-2-15
in effectSec. 15. If a proceeding is pending against a mutual insurance company that is the subject of a plan of reorganization under this chapter:
(1) the proceeding may be continued against the reorganized insurer under its former name after the effective date of the reorganization, as if the reorganization had not occurred; or
(2) the reorganized insurer that succeeds to the mutual insurance company's business may be substituted in the proceeding for the mutual insurance company.
As added by P.L.226-2023, SEC.30.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/27Fetched: 10/17/2026