Sec. 5. An insurer:

(1) that is put on notice of a claim by the office under section 4 of this chapter; and

Terms Used In Indiana Code 12-15-29-5

(2) proceeds to pay the claim to a person or an entity other than the office;

is not discharged from payment of the office’s claim.

[Pre-1992 Revision Citation: 12-1-7-24.2(b).]

As added by P.L.2-1992, SEC.9.