Ind. Code § 27-13-32-1

Current through P.L. 171-2024
Section 27-13-32-1 - Acquisition of control of health maintenance organization or limited service health maintenance organization
(a) This section does not apply to a health maintenance organization or a limited service health maintenance organization that is a foreign corporation.
(b) As used in this section, "foreign corporation" means a corporation organized or reorganized under the law of a state or jurisdiction other than Indiana.
(c) A person may not acquire control, as that term is defined in IC 27-1-23-1, of a health maintenance organization or a limited service health maintenance organization unless:
(1) that person complies with the requirements of IC 27-1-23-2; and
(2) the acquisition is approved by the commissioner under the procedure set forth in IC 27-1-23-2.

IC 27-13-32-1

As added by P.L. 26-1994, SEC.25. Amended by P.L. 185-1996, SEC.17; P.L. 203-2001, SEC.30.