Indiana Statutes

§ 27-8-3-18 — Attorney general; exclusive power to apply for accounting, injunction, or receivership

Indiana·Title 27 INSURANCE·Art. 8 LIFE, ACCIDENT, AND HEALTH·Ch. 3 Mutual Life and Accident─Formation
No order, judgment, or decree providing for an accounting or enjoining, restraining, or interfering with the prosecution of the business of any domestic insurance corporation, association, or society subject to the provisions of this chapter, or appointing a temporary or permanent receiver thereof, shall be made or granted otherwise than upon the application of the attorney general on his own motion, or after his approval of a request in writing thereof by the insurance commissioner, except in an action by a judgment creditor or in proceedings supplementary to execution. Formerly: Acts 1897, c.195, s.18. As amended by P.L.252-1985, SEC.289.

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