Sec. 106. “Motor vehicle liability policy” means an owner’s policy of liability insurance or an operator’s policy of liability insurance that:

(1) is issued, except as provided in IC 9-25-5-10, by an insurance carrier duly authorized to transact business in Indiana to or for the benefit of the person named in the policy as insured; and

(2) insures against liability resulting from the ownership, maintenance, use, or operation of a motor vehicle.

[Pre-1991 Recodification Citation: 9-2-1-20.]

As added by P.L.2-1991, SEC.1. Amended by P.L.59-1994, SEC.1.