Indiana Statutes

§ 27-1-36-33 — Notification by commissioner as regulatory action level event

Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 36 Risk Based Capital Requirements
If the commissioner notifies an insurer that the insurer's RBC plan or revised RBC plan is unsatisfactory, the commissioner may, subject to the insurer's right to a hearing under section 44 of this chapter, specify in the notification that the notification constitutes a regulatory action level event.

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Legislative History

As added by P.L.186-1996, SEC.1.

Nearby Sections

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