"Member's interest" means:
- (1) the voting rights of a member provided by the mutual insurance company's or the mutual insurance holding company's articles of incorporation or bylaws; and
- (2) the right to receive cash, stock, or other consideration in the event of a liquidation or dissolution under IC 27-1-10 , conversion to a stock company under IC 27-15 , or as provided by the mutual insurance company's or mutual insurance holding company's articles of incorporation or bylaws.
As added by P.L.226-2023, SEC.30.