Indiana § 27-5.1-3-1 Standard company; supplementation of chapter; limitation on types of
insurance provided

Indiana Statutes

§ 27-5.1-3-1 — Standard company; supplementation of chapter; limitation on types of insurance provided

Indiana § 27-5.1-3-1

Title 27INSURANCE

Art. 5.1FARM MUTUAL INSURANCE COMPANIES

Ch. 3Standard Farm Mutual Insurance Companies

This text of Indiana § 27-5.1-3-1 (Standard company; supplementation of chapter; limitation on types of insurance provided) 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 § 27-5.1-3-1 (2026).

Text

(a)This chapter supplements the requirements set forth for a standard company in IC 27-5.1-2.

(b)A standard company may not insure a policyholder of the farm mutual insurance company:

(1)against loss to a motor vehicle owned by the policyholder from peril;

(2)against liability resulting from the use of a motor vehicle owned by the policyholder;

(3)for property loss in connection with a specific loan or other credit transaction; or

(4)for personal, commercial, and farm liability.

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(a) This chapter supplements the requirements
set forth for a standard company in IC 27-5.1-2.
(b) A standard company may not insure a policyholder of the farm
mutual insurance company:
(1) against loss to a motor vehicle owned by the policyholder
from peril;
(2) against liability resulting from the use of a motor vehicle
owned by the policyholder;
(3) for property loss in connection with a specific loan or other
credit transaction; or
(4) for personal, commercial, and farm liability.