Indiana Statutes
§ 27-2-23-16 — Order of payment; unclaimed property
Indiana § 27-2-23-16
JurisdictionIndiana
Title 27INSURANCE
Art. 2POWERS AND DUTIES OF INSURERS
Ch. 23Unclaimed Life Insurance Benefits
This text of Indiana § 27-2-23-16 (Order of payment; unclaimed property) 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 § 27-2-23-16 (2026).
Text
(a)The benefit of a policy, annuity, or
retained asset account, plus accrued interest applicable under the
policy, annuity, or retained asset account, is first payable to designated
beneficiaries or policy owners, annuity owners, or account owners.
(b)If beneficiaries or policy owners, annuity owners, or account
owners cannot be found, the benefit of the policy, annuity, or retained
asset account (not including applicable accrued interest) escheats to the
state as unclaimed property under IC 32-34-1.5.
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Legislative History
As added by P.L.90-2014, SEC.1. Amended by P.L.141-2021,
SEC.13.
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Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10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 § 27-2-23-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-2-23-16.