Indiana Statutes
§ 27-2-18-4 — "Material acquisition" defined
Indiana § 27-2-18-4
JurisdictionIndiana
Title 27INSURANCE
Art. 2POWERS AND DUTIES OF INSURERS
Ch. 18Disclosure of Material Transactions
This text of Indiana § 27-2-18-4 ("Material acquisition" defined) 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 § 27-2-18-4 (2026).
Text
As used in this chapter, "material acquisition" means an asset acquisition or a series of related asset acquisitions during any thirty (30) day period that:
(1)is nonrecurring;
(2)is not in the normal course of business; and
(3)involves more than five percent (5%) of the reporting insurer's
total admitted assets as reported in the insurer's most recent
statutory statement filed with the department.
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Legislative History
As added by P.L.251-1995, SEC.17.
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Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10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 § 27-2-18-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-2-18-4.