Indiana Code 27-1-36-31. Timing for submission of RBC plan after company action level event
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Sec. 31. An insurer must submit to the commissioner an RBC plan required under section 30 of this chapter:
(2) not more than forty-five (45) days after notification to the insurer that the commissioner has, after a hearing under section 44 of this chapter, rejected the insurer’s challenge.
(1) not more than forty-five (45) days after the company action level event; or
Terms Used In Indiana Code 27-1-36-31
- Commissioner: means the "insurance commissioner" of this state. See Indiana Code 27-1-2-3
- company action level event: has the meaning set forth in section 29 of this chapter. See Indiana Code 27-1-36-5
- insurer: includes :
Indiana Code 27-1-36-9.6
- RBC: refers to risk based capital. See Indiana Code 27-1-36-16
As added by P.L.186-1996, SEC.1.