Indiana Code 27-7-3-11. Interest on deposited securities
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Terms Used In Indiana Code 27-7-3-11
- department: shall mean the department of insurance of the state of Indiana. See Indiana Code 27-7-3-2
Sec. 11. The department shall permit such companies having on deposit with it stocks or bonds as security to collect the interest accruing on such deposits, delivering to their authorized agents, respectively, the coupons or other evidences of interest as the same become due.
Formerly: Acts 1937, c.104, s.11.