Indiana § 27-1-3-14 Notice of insolvency, failure, or suspension of operations; failure to
give notice

Indiana Statutes

§ 27-1-3-14 — Notice of insolvency, failure, or suspension of operations; failure to give notice

Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 3 General Powers and Duties of the Department

If any domestic insurance company is
insolvent, or in imminent danger of insolvency, or fails or suspends
operation between the periods of examination authorized, it is a Class
B misdemeanor for the highest officer then actively in charge of such
domestic insurance company to knowingly fail to notify the department
immediately, of such condition, failure, or suspension.
Formerly: Acts 1935, c.162, s.21. As amended by Acts 1978,
P.L.2, SEC.2704.

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If any domestic insurance company is
insolvent, or in imminent danger of insolvency, or fails or suspends
operation between the periods of examination authorized, it is a Class
B misdemeanor for the highest officer then actively in charge of such
domestic insurance company to knowingly fail to notify the department
immediately, of such condition, failure, or suspension.
Formerly: Acts 1935, c.162, s.21. As amended by Acts 1978,
P.L.2, SEC.2704.

Indiana § 27-1-3-14 (Notice of insolvency, failure, or suspension of operations; failure to give notice) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.