Indiana Statutes

§ 27-2-22-6 — "Retained asset account"

Indiana § 27-2-22-6
JurisdictionIndiana
Title 27INSURANCE
Art. 2POWERS AND DUTIES OF INSURERS
Ch. 22Retained Asset Accounts

This text of Indiana § 27-2-22-6 ("Retained asset account") 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 § 27-2-22-6 (2026).

Text

As used in this chapter, "retained asset account" means a mechanism through which the settlement of proceeds payable under a policy occurs by the insurer's deposit of the proceeds into a checking or draft account:

(1)in which the proceeds are retained by the insurer; and
(2)under a contract that is supplemental to the policy and does not involve annuity benefits.

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Legislative History

As added by P.L.67-2011, SEC.1.

Nearby Sections

15
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Bluebook (online)
Indiana § 27-2-22-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-2-22-6.