§ 27-1-20-21 — Annual financial statement; microfilm copies

Indiana § 27-1-20-21

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 1: DEPARTMENT OF INSURANCE
• Ch. 20: Additional Provisions Pertaining to All Insurance

Text

Every company doing business in this state
shall file with the department on or before March 1 in each year a
financial statement for the year ending December 31 immediately
preceding in a format in accordance with IC 27-1-3-13. For good and
sufficient cause shown, the commissioner may grant to any individual
company a reasonable extension of time not to exceed ninety (90) days
within which such statement may be filed. Such statement shall be
verified by the oaths of the president or a vice president and the
secretary or an assistant secretary of the company. The statement of an
alien company shall segregate and state separately its condition and
transaction in the United States and such segregated and separated
statement shall be verified by the oath of its resident manager or
principal representative in the United States. The commissioner of
insurance may, with the approval of the Indiana archives and records
administration, authorize the destruction of such annual statements
which have been on file for two (2) years or more and microfilm copies
of which have been made and filed.
Formerly: Acts 1935, c.162, s.269; Acts 1957, c.124, s.1. As
amended by P.L.252-1985, SEC.94; P.L.159-1986, SEC.4;
P.L.271-1987, SEC.3; P.L.3-1989, SEC.151; P.L.246-1989, SEC.1;
P.L.130-1994, SEC.26; P.L.116-1994, SEC.36; P.L.1-1998, SEC.140;
P.L.268-1999, SEC.8; P.L.171-2015, SEC.45.