Indiana § 27-14.5-5-6 Annual statement of mutual insurance holding company

Indiana Statutes

§ 27-14.5-5-6 — Annual statement of mutual insurance holding company

Indiana § 27-14.5-5-6

Title 27INSURANCE

Art. 14.5MUTUAL INSURANCE HOLDING COMPANY

Ch. 5Mutual Insurance Holding Companies

This text of Indiana § 27-14.5-5-6 (Annual statement of mutual insurance holding company) 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 § 27-14.5-5-6 (2026).

Text

(a)Not later than June 1 of each year, each mutual insurance holding company must file with the commissioner an annual statement consisting of the following information:

(1)Audited financial statements, including:

(A)an income statement;

(B)a balance sheet; and

(C)a statement of cash flows.

(2)Complete information on the status of any condition imposed in connection with the approval of a plan of reorganization.

(3)An investment plan covering all assets of the mutual insurance holding company.

(4)A statement disclosing any intention to pledge, borrow against, alienate, hypothecate, or in any way encumber the assets of the mutual insurance holding company.

(b)The commissioner, through an order or by a rule adopted under IC 4-22-2, may waive or suspend all or any part of the require

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(a) Not later than June 1 of each year, each
mutual insurance holding company must file with the commissioner an
annual statement consisting of the following information:
(1) Audited financial statements, including:
(A) an income statement;
(B) a balance sheet; and
(C) a statement of cash flows.
(2) Complete information on the status of any condition imposed
in connection with the approval of a plan of reorganization.
(3) An investment plan covering all assets of the mutual insurance
holding company.
(4) A statement disclosing any intention to pledge, borrow
against, alienate, hypothecate, or in any way encumber the assets
of the mutual insurance holding company.
(b) The commissioner, through an order or by a rule adopted under
IC 4-22-2, may waive or suspend all or any part of the requirements of
subsection (a) for a particular mutual insurance holding company or
class of mutual insurance holding companies.