Indiana Statutes

§ 27-13-25-2 — Appointment of commissioner as rehabilitator or liquidator; grounds

Indiana·Title 27 INSURANCE·Art. 13 HEALTH MAINTENANCE ORGANIZATIONS·Ch. 25 Rehabilitation or Liquidation of Health Maintenance

The commissioner may apply for an order appointing the commissioner as rehabilitator or liquidator to rehabilitate or liquidate a health maintenance organization:

(1)upon at least one (1) of the grounds set forth in IC 27-9-3-1 or IC 27-9-3-6; or
(2)when, in the commissioner's opinion, the continued operation of the health maintenance organization would be hazardous to the enrollees of the organization or the people of Indiana.

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Indiana § 27-13-25-2 (Appointment of commissioner as rehabilitator or liquidator; grounds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

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

Nearby Sections

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