Indiana § 27-13-32-1 Acquisition of control of health maintenance organization or limited
service health maintenance organization

Indiana Statutes

§ 27-13-32-1 — Acquisition of control of health maintenance organization or limited service health maintenance organization

Indiana·Title 27 INSURANCE·Art. 13 HEALTH MAINTENANCE ORGANIZATIONS·Ch. 32 Transfers of Ownership

(a)This section does not apply to a health maintenance organization or a limited service health maintenance organization that is a foreign corporation.

(b)As used in this section, "foreign corporation" means a corporation organized or reorganized under the law of a state or jurisdiction other than Indiana.

(c)A person may not acquire control, as that term is defined in IC 27-1-23-1, of a health maintenance organization or a limited service health maintenance organization unless:

(1)that person complies with the requirements of IC 27-1-23-2; and

(2)the acquisition is approved by the commissioner under the procedure set forth in IC 27-1-23-2.

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(a) This section does not apply to a health
maintenance organization or a limited service health maintenance
organization that is a foreign corporation.
(b) As used in this section, "foreign corporation" means a
corporation organized or reorganized under the law of a state or
jurisdiction other than Indiana.
(c) A person may not acquire control, as that term is defined in IC 27-1-23-1, of a health maintenance organization or a limited service
health maintenance organization unless:
(1) that person complies with the requirements of IC 27-1-23-2;
and
(2) the acquisition is approved by the commissioner under the
procedure set forth in IC 27-1-23-2.

Indiana § 27-13-32-1 (Acquisition of control of health maintenance organization or limited service health maintenance organization) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.