Indiana Statutes

§ 27-7-10-17 — Examination of foreign risk retention groups

Indiana·Title 27 INSURANCE·Art. 7 SPECIAL TYPES OF INSURANCE·Ch. 10 Risk Retention Groups
A risk retention group that is licensed and chartered in a state other than Indiana shall submit to an examination by the commissioner of this state to determine its financial condition if the commissioner of the jurisdiction in which the group is chartered and licensed has not initiated an examination or does not initiate an examination within sixty (60) days after a request by the commissioner of this state. Any examination conducted by the commissioner of this state under this section shall be coordinated to avoid unjustified repetition and conducted in an expeditious manner and in accordance with the Financial Condition Examiner's Handbook and the Market Regulation Handbook.

Free access — add to your briefcase to read the full text and ask questions with AI

Indiana § 27-7-10-17 (Examination of foreign risk retention groups) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.162-1988, SEC.2. Amended by P.L.124-2018, SEC.74.

Nearby Sections

15
View on official source ↗