Ind. Code § 27-1-3-14
Notice of insolvency, failure, or suspension of operations; failure to give notice
Indiana · Indiana Code Title 27 — Insurance · Status: effective
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- Citation
- Ind. Code § 27-1-3-14, Notice of insolvency, failure, or suspension of operations; failure to give notice, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1661402
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Full text
Sec. 14. If any domestic insurance company is insolvent, or in imminent danger of insolvency, or fails or suspends operation between the periods of examination authorized, it is a Class B misdemeanor for the highest officer then actively in charge of such domestic insurance company to knowingly fail to notify the department immediately, of such condition, failure, or suspension.