Indiana Statutes

§ 27-17-7-3 — Noncompliance; notification; payment; suspension of registration

Indiana § 27-17-7-3
JurisdictionIndiana
Title 27INSURANCE
Art. 17DISCOUNT MEDICAL CARD PROGRAM
Ch. 7Annual Reports

This text of Indiana § 27-17-7-3 (Noncompliance; notification; payment; suspension of registration) 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 § 27-17-7-3 (2026).

Text

(a)The department shall notify a discount medical card program organization that is not in compliance with this chapter.
(b)A discount medical card program organization that fails to file an annual report as required under this chapter shall pay to the department for deposit in the department of insurance fund established by IC 27-1-3-28:
(1)five hundred dollars ($500) per day for the first ten (10) days of noncompliance; and
(2)one thousand dollars ($1,000) per day for the eleventh day and each subsequent day of noncompliance.
(c)Upon receiving notice under subsection (a), a discount medical card program organization's registration is suspended until the commissioner determines that the discount medical card program organization is in compliance with this chapter.

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Legislative History

As added by P.L.73-2006, SEC.3.

Nearby Sections

15
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Bluebook (online)
Indiana § 27-17-7-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-17-7-3.