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Ind. Code § 27-2-15-8

Satisfaction of contractual liability

Indiana · Indiana Code Title 27 — Insurance · Status: effective

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Ind. Code § 27-2-15-8, Satisfaction of contractual liability, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1662910
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Sec. 8. Insurance proceeds set aside in an escrow account under section 5 of this chapter shall be considered as having been paid to the insured in satisfaction of any contractual liability under the policy.