Indiana § 27-1-36-38 Consultants to commissioner

Indiana Statutes

§ 27-1-36-38 — Consultants to commissioner

Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 36 Risk Based Capital Requirements

(a)The commissioner may retain actuaries, investment experts, and other consultants that the commissioner determines to be necessary to:

(1)review the insurer's RBC plan or revised RBC plan;

(2)examine or analyze the assets, liabilities, and operations of the insurer; and

(3)formulate the corrective order with respect to the insurer.

(b)The reasonable costs and expenses relating to consultants shall be paid by the affected insurer or another party, as directed by the commissioner.

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(a) The commissioner may retain actuaries,
investment experts, and other consultants that the commissioner
determines to be necessary to:
(1) review the insurer's RBC plan or revised RBC plan;
(2) examine or analyze the assets, liabilities, and operations of the
insurer; and
(3) formulate the corrective order with respect to the insurer.
(b) The reasonable costs and expenses relating to consultants shall
be paid by the affected insurer or another party, as directed by the
commissioner.

Indiana § 27-1-36-38 (Consultants to commissioner) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.