Indiana Statutes

§ 27-13-13-5 — Use of deposit

Indiana § 27-13-13-5
JurisdictionIndiana
Title 27INSURANCE
Art. 13HEALTH MAINTENANCE ORGANIZATIONS
Ch. 13Protection Against Insolvency; Deposit Requirements

This text of Indiana § 27-13-13-5 (Use of deposit) 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 § 27-13-13-5 (2026).

Text

(a)A deposit made by a health maintenance organization under this chapter must be used to protect the interest of the enrollees of the health maintenance organization.
(b)The commissioner may use the deposit for administrative costs that are attributable to a receivership of the health maintenance organization.
(c)If the health maintenance organization is placed in receivership, the deposit made by the organization must be treated as an asset of the organization subject to IC 27-9.

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Legislative History

As added by P.L.26-1994, SEC.25. Amended by P.L.208-2018, SEC.28.

Nearby Sections

15
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Bluebook (online)
Indiana § 27-13-13-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-13-13-5.