Ind. Code § 27-6-6-8
Right of domestic corporation to exchange contracts
Indiana · Indiana Code Title 27 — Insurance · Status: effective
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- Citation
- Ind. Code § 27-6-6-8, Right of domestic corporation to exchange contracts, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1663340
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Full text
Sec. 8. Any corporation organized under the laws of this state, shall, in addition to the rights, powers and franchises specified in its articles of incorporation, have full power and authority, as a subscriber, to exchange insurance contracts of the kind and character mentioned in this chapter. The right to exchange such contracts is declared to be incidental to the purposes for which such corporations are organized and as much granted as the rights and powers expressly conferred.