Statutes, codes, and regulations
Indiana Code
Title 27 - INSURANCEArticle 27-14.5-1-0 - MUTUAL INSURANCE HOLDING COMPANY LAW
Chapter 2 - MUTUAL INSURANCE COMPANY REORGANIZATION
Section 27-14.5-2-14 - Transfer of rights, liabilities, and authority to reorganized insurer

Ind. Code § 27-14.5-2-14

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Current through P.L. 171-2024
Section 27-14.5-2-14 - Transfer of rights, liabilities, and authority to reorganized insurer

The reorganized insurer to which insurance policies, contracts, and other assets and obligations are transferred in connection with a plan of reorganization under this chapter has, with respect to the insurance policies, contracts, and other assets and obligations, all rights, liabilities, and authority of the mutual insurance company that is subject to the plan of reorganization.

IC 27-14.5-2-14

Added by P.L. 226-2023,SEC. 30, eff. 5/1/2023.