IC 27-6-3

    

Chapter 3. Reciprocal Exchange May Reinsure


IC 27-6-3-1

Authorization

    


Sec. 1. From and after April 1, 1963, any reciprocal exchange
authorized to make insurance under the provisions of IC 27-1 may be
authorized to reinsure any other reciprocal exchange or insurance
company authorized to make insurance pursuant to the provisions of
IC 27-1, under the same regulations and restrictions as are applicable
to insurance companies authorized to make insurance pursuant to
IC 27-1.

(Formerly: Acts 1963, c.313, s.1.) As amended by P.L.252-1985,
SEC.213.