Ind. Code § 27-1-36-41
"Mandatory control level event"
Indiana · Indiana Code Title 27 — Insurance · Status: effective
Cite this
- Citation
- Ind. Code § 27-1-36-41, "Mandatory control level event", Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1662386
- Permanent ID
ys:prov:1662386@1- SHA-256
34b02574bb2c0e672cb12f1cda4151eeb67d42a07923d04fee78ab05c81e5e7a
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Sec. 41. As used in this chapter, "mandatory control level event" means any of the following events:
(1) The filing of an RBC report that indicates that the insurer's total adjusted capital is less than its mandatory control level RBC.
(2) Notification by the commissioner to the insurer of an adjusted RBC report that indicates that the insurer's total adjusted capital is less than its mandatory control level RBC unless the insurer challenges the adjusted RBC report under section 44 of this chapter.
(3) Notification by the commissioner to the insurer that the commissioner has, after a hearing under section 44 of this chapter, rejected the insurer's challenge to an adjusted RBC report.