Indiana § 9-25-7-1 Insolvency of insurer formerly authorized and qualified to do business
in Indiana

Indiana Statutes

§ 9-25-7-1 — Insolvency of insurer formerly authorized and qualified to do business in Indiana

Indiana § 9-25-7-1

Title 9MOTOR VEHICLES

Art. 25FINANCIAL RESPONSIBILITY

Ch. 7Miscellaneous Provisions

This text of Indiana § 9-25-7-1 (Insolvency of insurer formerly authorized and qualified to do business in Indiana) 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 § 9-25-7-1 (2026).

Text

The bureau may not suspend or revoke the driver's license, driving privileges, or registration plates of the owner or operator of a motor vehicle who has been involved in a motor vehicle accident resulting in bodily injury or death or in damage to property in excess of two thousand five hundred dollars ($2,500) solely because of failure to provide evidence of financial responsibility whenever the:

(1)owner or operator was insured by an insurance company for public liability and property damage at the time of the accident; and

(2)insurance company becomes insolvent after the accident or within fifteen (15) days before the accident; if the insurance company was authorized and qualified to do business in Indiana on the effective date of the policy. [Pre-1991 Recodification Citation: 9-2-2-1

Free access — add to your briefcase to read the full text and ask questions with AI

The bureau may not suspend or revoke the
driver's license, driving privileges, or registration plates of the owner
or operator of a motor vehicle who has been involved in a motor
vehicle accident resulting in bodily injury or death or in damage to
property in excess of two thousand five hundred dollars ($2,500) solely
because of failure to provide evidence of financial responsibility
whenever the:
(1) owner or operator was insured by an insurance company for
public liability and property damage at the time of the accident;
and
(2) insurance company becomes insolvent after the accident or
within fifteen (15) days before the accident;
if the insurance company was authorized and qualified to do business
in Indiana on the effective date of the policy.
[Pre-1991 Recodification Citation: 9-2-2-1.]