Indiana Statutes

§ 27-13-13-2 — Deposit schedule

Indiana·Title 27 INSURANCE·Art. 13 HEALTH MAINTENANCE ORGANIZATIONS·Ch. 13 Protection Against Insolvency; Deposit Requirements

A health maintenance organization that is in operation on July 1, 1994, shall make:

(1)a deposit with the commissioner equal to two hundred fifty thousand dollars ($250,000) on July 1, 1994; and
(2)an additional deposit with the commissioner equal to two hundred fifty thousand dollars ($250,000) by December 31, 1995.

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Legislative History

As added by P.L.26-1994, SEC.25.

Nearby Sections

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