Indiana Statutes
§ 27-15-1-4 — "Closed block"
Indiana § 27-15-1-4
JurisdictionIndiana
Title 27INSURANCE
Art. 15DEMUTUALIZATION OF MUTUAL INSURANCE
Ch. 1General Provisions and Definitions
This text of Indiana § 27-15-1-4 ("Closed block") 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 § 27-15-1-4 (2026).
Text
"Closed block" means an allocation of assets
for a defined group of in force policies which, together with the
premiums of those policies and related investment earnings, are
expected to be sufficient to maintain the payments of guaranteed
benefits, certain expenses, and continuation of the current dividend
scale on the closed block, if experience does not change.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
As added by P.L.94-1999, SEC.3.
Nearby Sections
15
§ 27-1-1-1
Creation; functions§ 27-1-1-2
Insurance commissioner§ 27-1-1-3
Personnel§ 27-1-1-4
Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10
"Annual Statement Blank"§ 27-1-1.5-11
"Annual Statement Instructions"§ 27-1-1.5-12
"Current Dental Terminology"; "CDT"§ 27-1-1.5-13
"Current Procedural Terminology"; "CPT"§ 27-1-1.5-15
"Financial Analysis Handbook"§ 27-1-1.5-16
"Financial Condition Examiner's Handbook"§ 27-1-1.5-18
"Healthcare Common Procedure Coding System"; "HCPCS"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 27-15-1-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-15-1-4.