Indiana Statutes
§ 27-2-7-2 — Exemption from personal liability
Indiana § 27-2-7-2
JurisdictionIndiana
Title 27INSURANCE
Art. 2POWERS AND DUTIES OF INSURERS
Ch. 7Compliance With Other States' Regulations
This text of Indiana § 27-2-7-2 (Exemption from personal liability) 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 § 27-2-7-2 (2026).
Text
No officer, director or trustee of any insurer
shall be subject to any personal liability by reason of any payment, or
determination not to contest payment, deemed by the board of directors
or trustees to be in the corporate interests of such insurer, of any
license, excise, privilege, premium, occupation or other fee or tax to
any state, territory or political subdivision thereof (including the
District of Columbia), unless prior to such payment the statute,
ordinance or other law imposing such fee or tax shall have been
expressly held invalid by the state court having final appellate
jurisdiction in the premises, or by the Supreme Court of the United
States.
Formerly: Acts 1945, c.123, s.2.
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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Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10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 § 27-2-7-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-2-7-2.