Indiana Statutes
§ 27-7-2-37.5 — Refund of dividends, savings, or unabsorbed premium deposits
Indiana § 27-7-2-37.5
This text of Indiana § 27-7-2-37.5 (Refund of dividends, savings, or unabsorbed premium deposits) 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 § 27-7-2-37.5 (2026).
Text
5.
(a)Nothing in this chapter prohibits or
regulates the payment of dividends, savings, or unabsorbed premium
deposits allowed or returned by companies to their policyholders,
members, or subscribers, but in the payment of such dividends there
shall be no unfair discrimination between policyholders.
(b)A plan for the payment of dividends, savings, or unabsorbed
premium deposits allowed or returned by companies to their
policyholders, members, or subscribers is not considered a rating plan
or system.
(c)It is an unfair trade practice to make the payment of a dividend
or any portion thereof conditioned upon renewal of the policy or
contract.
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Legislative History
As added by P.L.249-1989, SEC.16.
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Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10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 § 27-7-2-37.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-7-2-37.5.