Indiana Statutes
§ 27-8-18-5 — Inquiry into legal status of charitable entity
Indiana·Title 27 INSURANCE·Art. 8 LIFE, ACCIDENT, AND HEALTH·Ch. 18 Charitable Entity's Insurable Interest in Life of Donor
A life insurance company that is requested to:
(1)issue a life insurance policy; or
(2)transfer ownership of a life insurance policy;
to an entity that is purported to be a charitable entity has no obligation
to inquire into the legal status of that entity under any law.
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Legislative History
As added by P.L.129-1992, SEC.1.
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Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10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"