Indiana § 27-8-1-15 Foreign corporations; annual statement and fee; license revocation for
failure to file statement; solvency statement from foreign state

Indiana Statutes

§ 27-8-1-15 — Foreign corporations; annual statement and fee; license revocation for failure to file statement; solvency statement from foreign state

Indiana·Title 27 INSURANCE·Art. 8 LIFE, ACCIDENT, AND HEALTH·Ch. 1 Life Insurance─Assessment Plan

Such corporation, association, or society shall
pay to the state comptroller, upon filing each annual statement, a fee of
ten dollars ($10.00). And in the event of its failure to make such
statement on or before the thirty-first day of August of each year, the
state comptroller shall revoke its license, and thereafter, or until such
statement is made, it shall be deemed to be doing business unlawfully
in this state. When the state comptroller of this state shall have reason
to doubt the solvency of any such foreign corporation, association, or
society, the state comptroller shall accept a statement from the
insurance commissioner, or like officer of the state under whose
authority it was organized, as prima facie evidence of its solvency.
Formerly: Acts 1883, c.136, s.15. As amended by P.L

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Such corporation, association, or society shall
pay to the state comptroller, upon filing each annual statement, a fee of
ten dollars ($10.00). And in the event of its failure to make such
statement on or before the thirty-first day of August of each year, the
state comptroller shall revoke its license, and thereafter, or until such
statement is made, it shall be deemed to be doing business unlawfully
in this state. When the state comptroller of this state shall have reason
to doubt the solvency of any such foreign corporation, association, or
society, the state comptroller shall accept a statement from the
insurance commissioner, or like officer of the state under whose
authority it was organized, as prima facie evidence of its solvency.
Formerly: Acts 1883, c.136, s.15. As amended by P.L.9-2024,
SEC.487.

Indiana § 27-8-1-15 (Foreign corporations; annual statement and fee; license revocation for failure to file statement; solvency statement from foreign state) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.