Indiana § 27-1-20-23 Remedies of receivership exclusive with department; exception in
favor of judgment creditor

Indiana Statutes

§ 27-1-20-23 — Remedies of receivership exclusive with department; exception in favor of judgment creditor

Indiana § 27-1-20-23

Title 27INSURANCE

Art. 1DEPARTMENT OF INSURANCE

Ch. 20Additional Provisions Pertaining to All Insurance

This text of Indiana § 27-1-20-23 (Remedies of receivership exclusive with department; exception in favor of judgment creditor) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 27-1-20-23 (2026).

Text

No order, judgment, or decree providing for
an accounting or enjoining, restraining, or interfering with the
operation of the business of any insurance company, association, or
society, to which any provision of this article is applicable, or for the
appointment of a temporary or permanent receiver thereof, shall be
made or granted otherwise than upon the application of the department,
except in an action by a judgment creditor or in proceedings
supplemental to execution.
Formerly: Acts 1935, c.162, s.270a. As amended by
P.L.252-1985, SEC.96.

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No order, judgment, or decree providing for
an accounting or enjoining, restraining, or interfering with the
operation of the business of any insurance company, association, or
society, to which any provision of this article is applicable, or for the
appointment of a temporary or permanent receiver thereof, shall be
made or granted otherwise than upon the application of the department,
except in an action by a judgment creditor or in proceedings
supplemental to execution.
Formerly: Acts 1935, c.162, s.270a. As amended by
P.L.252-1985, SEC.96.