Indiana § 27-9-1-6 Bonds of commissioner and deputies

Indiana Statutes

§ 27-9-1-6 — Bonds of commissioner and deputies

Indiana § 27-9-1-6

Title 27INSURANCE

Art. 9SUPERVISION; REHABILITATION;

Ch. 1General Provisions

This text of Indiana § 27-9-1-6 (Bonds of commissioner and deputies) 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 § 27-9-1-6 (2026).

Text

In any proceeding under IC 27-9, the
commissioner and his deputies are responsible on their official bonds
for the faithful performance of their duties. If the court considers it
desirable for the protection of the insurer's assets, the court may at any
time require an additional bond from the commissioner or his deputies.
Those bonds shall be paid for out of the assets of the insurer as a cost
of administration.
As added by Acts 1979, P.L.255, SEC.1.

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In any proceeding under IC 27-9, the
commissioner and his deputies are responsible on their official bonds
for the faithful performance of their duties. If the court considers it
desirable for the protection of the insurer's assets, the court may at any
time require an additional bond from the commissioner or his deputies.
Those bonds shall be paid for out of the assets of the insurer as a cost
of administration.
As added by Acts 1979, P.L.255, SEC.1.