Indiana Code 27-1-3.5-2. “Domestic insurer”
Current as of: 2023 | Check for updates
|
Other versions
Sec. 2. (a) As used in this chapter, “domestic insurer” means an insurer organized under the laws of Indiana.
(1) any person in immediate control of the domestic insurer; and
(b) If a domestic insurer is a member of an “insurance holding company system” (as defined in IC 27-1-23-1), the term “domestic insurer” also includes:
Terms Used In Indiana Code 27-1-3.5-2
- domestic insurer: means an insurer organized under the laws of Indiana. See Indiana Code 27-1-3.5-2
- insurer: means a company, firm, partnership, association, order, society or system making any kind or kinds of insurance and shall include associations operating as Lloyds, reciprocal or inter-insurers, or individual underwriters. See Indiana Code 27-1-2-3
- member: means one who holds a contract of insurance or is insured in an insurance company other than a stock corporation. See Indiana Code 27-1-2-3
- person: includes individuals, corporations, associations, and partnerships; personal pronoun includes all genders; the singular includes the plural and the plural includes the singular. See Indiana Code 27-1-2-3
(2) any affiliate:
(A) in which the domestic insurer has invested; or
(B) that is indebted to the domestic insurer.
As added by P.L.244-1989, SEC.2.