Indiana Statutes

§ 27-2-13-5 — Withholding of insurance proceeds; exceptions

Indiana § 27-2-13-5
JurisdictionIndiana
Title 27INSURANCE
Art. 2POWERS AND DUTIES OF INSURERS
Ch. 13Arson Reporting

This text of Indiana § 27-2-13-5 (Withholding of insurance proceeds; exceptions) 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 § 27-2-13-5 (2026).

Text

An authorized agency that is investigating a fire believed to have been caused by arson may, in writing, order an insurer to withhold payment of the proceeds of an insurance policy on the damaged or destroyed property for up to thirty (30) days from the date of the order. The insurer may not make a payment during that time, except for payments:

(1)for emergency living expenses;
(2)for emergency action necessary to secure the premises;
(3)necessary to prevent further damage to the premises; or
(4)to a mortgagee who is not the target of investigation by the authorized agency.

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Legislative History

As added by P.L.247-1989, SEC.1.

Nearby Sections

15
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Bluebook (online)
Indiana § 27-2-13-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-2-13-5.