There is a newer version of the Indiana Code
2012 Indiana Code
TITLE 27. INSURANCE
ARTICLE 2. POWERS AND DUTIES OF INSURERS
CHAPTER 4. RECEIVERS
IC 27-2-4Chapter 4. Receivers
IC 27-2-4-1
Powers of attorney general
Sec. 1. No suit or action seeking the appointment of a receiver for any domestic insurance company, whether stock or mutual, organized and doing business under the laws of Indiana and subject to supervision and examination of the insurance commissioner or other department of state, shall be instituted or maintained, or a receiver appointed by any court, except and only in an action instituted by the attorney general, on the request of the insurance commissioner or other department of state having supervision of such corporation; provided, nothing in this section shall affect any litigation pending on May 15, 1919, in any court of record.
(Formerly: Acts 1919, c.101, s.1.) As amended by P.L.252-1985, SEC.127.
Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
