Indiana § 27-1-50.3-9 Managed care assessment fee holding fund

Indiana Statutes

§ 27-1-50.3-9 — Managed care assessment fee holding fund

Indiana § 27-1-50.3-9

Title 27INSURANCE

Art. 1DEPARTMENT OF INSURANCE

Ch. 50.3Managed Care Assessment Fee

This text of Indiana § 27-1-50.3-9 (Managed care assessment fee holding fund) 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 § 27-1-50.3-9 (2026).

Text

(a)The managed care assessment fee holding fund is established for the purpose of holding the fees collected under this chapter.

(b)The office shall administer the fund.

(c)Money in the fund consists of the following:

(1)Fees collected under this chapter, including penalty payments under section 11 of this chapter.

(2)Donations, gifts, appropriations by the general assembly, and money received from any other source.

(3)Interest accrued under this section.

(d)Money remaining in the fund at the end of a state fiscal year reverts to the state general fund.

(e)The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public funds may be invested. Interest that accrues from these investments shall be de

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(a) The managed care assessment fee holding
fund is established for the purpose of holding the fees collected under
this chapter.
(b) The office shall administer the fund.
(c) Money in the fund consists of the following:
(1) Fees collected under this chapter, including penalty payments
under section 11 of this chapter.
(2) Donations, gifts, appropriations by the general assembly, and
money received from any other source.
(3) Interest accrued under this section.
(d) Money remaining in the fund at the end of a state fiscal year
reverts to the state general fund.
(e) The treasurer of state shall invest the money in the fund not
currently needed to meet the obligations of the fund in the same
manner as other public funds may be invested. Interest that accrues
from these investments shall be deposited in the fund.