Indiana § 27-8-31-17 Dissolution of compact

Indiana Statutes

§ 27-8-31-17 — Dissolution of compact

Indiana·Title 27 INSURANCE·Art. 8 LIFE, ACCIDENT, AND HEALTH·Ch. 31 Interstate Insurance Product Regulation Compact

The compact dissolves effective on the date
of the withdrawal or default of the compacting state that reduces
membership in the compact to one (1) compacting state. Upon the
dissolution of this compact, the compact is null and void and is of no
further force or effect, and the business and affairs of the commission
shall be wound up and any surplus funds shall be distributed in
accordance with the bylaws.

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The compact dissolves effective on the date
of the withdrawal or default of the compacting state that reduces
membership in the compact to one (1) compacting state. Upon the
dissolution of this compact, the compact is null and void and is of no
further force or effect, and the business and affairs of the commission
shall be wound up and any surplus funds shall be distributed in
accordance with the bylaws.

Indiana § 27-8-31-17 (Dissolution of compact) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.