Indiana Statutes
§ 7.1-3-1-10 — Surety bond; approval
Surety Bonds: Approval. The commission
shall keep a surety bond filed under this title safely in its files. The
commission shall not approve a surety bond unless the surety company
is solvent and qualified to do business in this state. The commission,
before approving a surety bond, shall require the commissioner of the
department of insurance to furnish to the commission copies of reports
of the surety company and other information concerning the reserves
and reliability of the company.
[Pre-1973 Recodification Citations: 7-1-1-41;
7-1-1-42(f).]
Formerly: Acts 1973, P.L.55, SEC.1.
Free access — add to your briefcase to read the full text and ask questions with AI
Indiana § 7.1-3-1-10 (Surety bond; approval) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 7.1-1-1-1
General purposes§ 7.1-1-1-11.5
Repealed§ 7.1-1-2-0.1
Repealed§ 7.1-1-2-1
Construction§ 7.1-1-2-13
Repealed§ 7.1-1-2-2
Scope§ 7.1-1-2-3
Exceptions§ 7.1-1-2-4
Gender and number§ 7.1-1-2-5
Direct and indirect prohibition§ 7.1-1-2-6
Repealed§ 7.1-1-3-1
Generally§ 7.1-1-3-10
"Club"§ 7.1-1-3-11
"Commercially"§ 7.1-1-3-12
"Commission"§ 7.1-1-3-12.5
"Consumer advertising specialty"