Ind. Code § 27-1-20-5
Deposit of securities acquired from foreign life insurer under reinsurance agreement
Indiana · Indiana Code Title 27 — Insurance · Status: effective
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- Citation
- Ind. Code § 27-1-20-5, Deposit of securities acquired from foreign life insurer under reinsurance agreement, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1661946
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Full text
Sec. 5. Nothing in this law shall prevent the deposit of securities and other evidences of ownership of property, acquired from a life insurance company domiciled in a foreign state or alien country by a domestic life insurance company under a reinsurance agreement approved by the department, provided such securities and property comply with the investment requirements of the state of incorporation of such reinsured company.