Indiana Statutes
§ 27-9-3-2 — Order to rehabilitate insurer
(a)An order to rehabilitate the business of a
domestic insurer, or an alien insurer domiciled in Indiana, must:
(1)Appoint the commissioner and his successors in office as the
rehabilitator.
(2)Direct the rehabilitator to take possession of the assets of the
insurer as soon as possible, and to administer them under the
general supervision of the Marion County circuit court.
(b)The filing or recording of the order with the clerk of the Marion
County circuit court or recorder of deeds of the county in which the
principal business of the company is conducted, or the county in which
its principal office or place of business is located, shall impart the same
notice as a deed, bill of sale, or other evidence of title duly filed or
recorded with that recorder of deeds would have imparted. The
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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Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10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"