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Ind. Code § 27-3-3-4

Parent and subsidiary as separate corporations

Indiana · Indiana Code Title 27 — Insurance · Status: effective

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Ind. Code § 27-3-3-4, Parent and subsidiary as separate corporations, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1663142
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Sec. 4. Notwithstanding a plan of acquisition effected pursuant to this chapter, the parent corporation and its subsidiary insurer shall in all respects stand before the law as separate and distinct corporations, with neither of the corporations having any liability to the creditors, policyholders, if any, or shareholders of the other, notwithstanding any actions or omissions of the officers, directors, or shareholders of either or both of the corporations.