§ 27-2-15-4.4 — Municipality election regarding governance by chapter

Indiana § 27-2-15-4.4

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 2: POWERS AND DUTIES OF INSURERS
• Ch. 15: Available Insurance Proceeds Set Aside

Text

4. (a) A municipality may elect to be
governed by this chapter by submitting to the department a written
request. The request must:
(1) be approved by adoption of an ordinance by the municipality's
legislative body; and
(2) contain contact information for the specific individual who
will act on behalf of the enforcement authority with respect to this
chapter.
(b) The department shall:
(1) maintain a list of all municipalities that submit a request under
subsection (a), including the contact information required by
subsection (a)(2);
(2) specify the effective date of each addition of a municipality to
the list; and
(3) publish the list on an Internet web site.
(c) A municipality that made an election under subsection (a) may
elect to cease being governed by this chapter and may be removed from
the list maintained under subsection (b) as follows:
(1) The municipality shall submit to the department a written
request, approved by adoption of an ordinance by the
municipality's legislative body, to cease being governed by this
chapter and to be removed from the list.
(2) The department shall:
(A) amend the list by removing the municipality;
(B) specify on the amended list the effective date of the
municipality's removal from the list; and
(C) publish the amended list on the Internet web site described
in subsection (b)(3).
(d) A municipality that is governed by this chapter shall remit to the
department a one (1) time fee of one hundred dollars ($100).

Legislative History

As added by P.L.238-2013, SEC.6.