General Corporate Powers and Responsibilities of Insurance Companies

  1. Law
  2. Indiana Code
  3. Insurance
  4. Department of Insurance
  5. General Corporate Powers and Responsibilities of Insurance Companies

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Section
27-1-7-1

"Corporation" Defined

Section
27-1-7-2

Capacity and Authority to Act; General Rights, Privileges, and Powers; Excluded Powers

Section
27-1-7-3

Principal Office; Change of Location

Section
27-1-7-4

Shares of Stock; Classes; Sale for Less Than Par; Shareholders' Liability; Preemptive Rights

Section
27-1-7-5

Stock Certificate; Contents; Transferability

Section
27-1-7-6

Bylaws

Section
27-1-7-7

Meetings of Shareholders, Members, or Policyholders; Location; Annual Meeting; Special Meetings; Notice; Quorum; Actions Taken Without Meeting

Section
27-1-7-8

Voting Rights of Shareholders; Shares That Cannot Be Voted; Voting by Particular Shareholders; Proxy Votes

Section
27-1-7-9

Voting Rights of Policyholders and Members; Proxy Votes

Section
27-1-7-9.5

Shareholders' Derivative Proceedings; Procedure

Section
27-1-7-10

Board of Directors; General Provisions; Management of Business; Executive Committee; Removal of Directors

Section
27-1-7-11

Citizenship and Residence Qualifications of Directors

Section
27-1-7-12

Directors; Attendance Record and Report; Record of Communications; Annual Examination and Report of Condition

Section
27-1-7-12.5

Directors; Good Faith Discharge of Duties; Liability; Conflict of Interest; Authorization of Unlawful Payments to Shareholders

Section
27-1-7-13

Officers; Secretary; Duties; Resignation; Removal; Contract Rights

Section
27-1-7-14

Bonding Officers Having Access to Money or Securities; Blanket Bond

Section
27-1-7-15

Loans to or Borrowing by Directors or Officers; Offense; Exceptions

Section
27-1-7-16

Books and Records to Be Kept at Principal Office

Section
27-1-7-17

Restrictions on Dividend Payments

Section
27-1-7-18

Repealed

Section
27-1-7-19

Mutual or Stock Companies; Borrowing for Surplus Funds

Section
27-1-7-20

Authority of Corporations, Boards, and Associations to Insure With Mutual Insurance Company

Section
27-1-7-21

Mutual Companies; Statement of Maximum Premium in Policy; Limitation of Liability for Single Risk; Reinsurance Requirements

Section
27-1-7-22

Vouchers for Disbursements

Section
27-1-7-23

Annual or Other Required Statements; Material False Statement