Indiana Statutes
§ 27-7-10-4 — "Hazardous financial condition" defined
Indiana § 27-7-10-4
This text of Indiana § 27-7-10-4 ("Hazardous financial condition" defined) 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 § 27-7-10-4 (2026).
Text
As used in this chapter, "hazardous financial condition" means that, based on its present or reasonably anticipated financial condition, a risk retention group, although not yet financially impaired or insolvent, is unlikely to be able to:
(1)meet obligations to policyholders with respect to known
claims and reasonably anticipated claims; or
(2)pay other obligations in the normal course of business.
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Legislative History
As added by P.L.162-1988, SEC.2.
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Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10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 § 27-7-10-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-7-10-4.