Indiana Statutes

§ 27-1-40-2 — "United States branch"

Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 40 Entry of Unauthorized Alien Companies

As used in this chapter, "United States branch" means:

(1)an entity that is considered, for purposes of this chapter, to be a domestic company through which insurance business is transacted in the United States by an alien company; and
(2)the alien company's assets and liabilities that are attributable to the insurance business transacted in the United States.

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Legislative History

As added by P.L.173-2007, SEC.20.

Nearby Sections

15
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