Indiana Statutes
§ 27-8-3-13 — Authority to deposit securities; investment of reserve funds
Indiana § 27-8-3-13
JurisdictionIndiana
Title 27INSURANCE
Art. 8LIFE, ACCIDENT, AND HEALTH
Ch. 3Mutual Life and Accident─Formation
This text of Indiana § 27-8-3-13 (Authority to deposit securities; investment of reserve funds) 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 § 27-8-3-13 (2026).
Text
This chapter shall not be construed to limit
the accumulation of a reserve or emergency fund by any corporation,
association, or society subject to the provisions of this chapter. Any
such corporation, association, or society may, in its discretion, through
its officers or directors, deposit with the insurance commissioner such
securities and for such amounts as may be approved by him, and, when
so deposited, shall be retained by him for the purposes described in this
chapter. All other investments of reserve funds shall be made in the
same class of securities as are allowed by law for the investment of
funds by insurance corporations.
Formerly: Acts 1897, c.195, s.13. As amended by P.L.252-1985,
SEC.285.
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Nearby Sections
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§ 27-1-1-1
Creation; functions§ 27-1-1-2
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Personnel§ 27-1-1-4
Repealed§ 27-1-1-5
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Bluebook (online)
Indiana § 27-8-3-13, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-8-3-13.