reglab/housing_qa huggingface dataset:
IN Code § 27-2-2-1 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 2. Annual Statement by Special Charter Companies|27-2-2-1. Time of Filing; Contents; Duties of Insurance Commissioner

Sec. 1. (a) Every company created by special act of the general assembly of the state of Indiana for the purpose of transacting the business of insurance shall, on or before the third Monday of January of each year, furnish the insurance commissioner with a statement, verified by the oaths of the president and secretary of said company and signed by a majority of the directors of such company, which statement shall show the following:(1) First, the name and locality of the company.(2) Second, the amount of its capital stock.(3) Third, the amount of its capital stock paid-in.(4) Fourth, the assets of the company, including the following:(A) The amount of cash on hand and in the hands of agents or other persons.(B) The value of its real estate.(C) The bonds owned by the company and how they are secured, with the rate of interest.(D) Debts to the company secured by mortgage.(E) Debts otherwise secured.(F) Debts for premiums.(G) All other securities.(5) Fifth, the amount of liabilities due or not due to banks or other creditors of the company.(6) Sixth, losses adjusted and due.(7) Seventh, losses adjusted and not due.(8) Eighth, losses unadjusted.(9) Ninth, losses in suspense waiting for further proof.(10) Tenth, all other claims against the company.(11) Eleventh, the greatest amount insured in any one (1) risk.(12) Twelfth, the greatest amount allowed by the rules of the company to be insured in any one (1) city or town.(13) Thirteenth, the greatest amount allowed to be insured in any one (1) block.(b) The insurance commissioner shall cause a copy of such annual statement to be published in the two (2) leading daily newspapers of the state having the largest general circulation and also in some newspaper of general circulation, printed and published in the city or town in which the principal office of such company is located, provided that not more than one dollar ($1) per square shall be paid for each one (1) of such publications, the expense to be paid by the company; and provided further, that it shall be the duty of the commissioner to furnish such company with a certified copy of such statement or report whenever so requested to do by any officer of such company.Formerly: Acts 1899, c.134, s.1. As amended by P.L.252-1985, SEC.125; P.L.11-1987, SEC.29.
IN Code § 27-2-2-2 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 2. Annual Statement by Special Charter Companies|27-2-2-2. Fees of Insurance Commissioner

Sec. 2. The insurance commissioner shall charge and collect for the state of Indiana the sum of five dollars ($5) in each and every case for the examination of the charter and five dollars ($5) in each and every case for the examination of the statement and investigation of evidence of the investment of the assets of such company in accordance with the provisions of their respective charters, and two dollars ($2) for each certified copy of such statement, and shall pay the same over to the treasurer of state to go into the general fund of the state; provided, however, the provisions of this chapter shall not apply to farmers' mutual fire insurance associations organized under special act since the year 1852, and doing business strictly under the assessment plan.Formerly: Acts 1899, c.134, s.2. As amended by P.L.252-1985, SEC.126.
IN Code § 27-2-3-1 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 3. Disbursements by Vouchers|27-2-3-1. Contents of Vouchers; Affidavit

Sec. 1. No domestic life insurance corporation shall make any disbursements unless the same be evidenced by a voucher signed by or on behalf of the person, firm, limited liability company, or corporation receiving the money and correctly describing the consideration for the payment, and, if the same be for services and disbursements, setting forth the services rendered and an itemized statement of the disbursements made, and if it be in connection with any matter pending before any legislative or public body or before any department or officer of any government, correctly describing, in addition, the nature of the matter and of the interest of such corporation in the matter, or, if such a voucher cannot be obtained, by an affidavit stating the reasons the voucher cannot be obtained and setting forth the particulars mentioned in this section.Formerly: Acts 1907, c.168, s.1. As amended by P.L.1-1994, SEC.133; P.L.136-2018, SEC.168.
IN Code § 27-2-4-1 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 4. Receivers|27-2-4-1. Powers of Attorney General

Sec. 1. No suit or action seeking the appointment of a receiver for any domestic insurance company, whether stock or mutual, organized and doing business under the laws of Indiana and subject to supervision and examination of the insurance commissioner or other department of state, shall be instituted or maintained, or a receiver appointed by any court, except and only in an action instituted by the attorney general, on the request of the insurance commissioner or other department of state having supervision of such corporation; provided, nothing in this section shall affect any litigation pending on May 15, 1919, in any court of record.Formerly: Acts 1919, c.101, s.1. As amended by P.L.252-1985, SEC.127.
IN Code § 27-2-5-1 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 5. Provisions Concerning Alienation of Benefits|27-2-5-1. Spendthrift Laws; Exemption From Judicial Process

Sec. 1. (a) As used in this section, "premium" includes any deposit or contribution.(b) No person entitled to receive benefits under a life insurance or life annuity contract, or under a written agreement supplemental thereto, issued by domestic life insurance company, shall be permitted to commute, anticipate, encumber, alienate, or assign such benefits, if the right to do so is expressly prohibited or withheld by a provision contained in such contract or supplemental agreement. And if such contract, policy, or supplemental agreement so provides, such benefits, except when payable to the person who provided the consideration for such contract, shall not be subject to such persons' debts, contracts, or engagements, nor to any judicial process to levy upon or attach the same for payment thereof.(c) A premium paid for an individual life insurance policy that names as a beneficiary, or is legally assigned to, a spouse, child, or relative who is dependent upon the policy owner is not exempt from the claims of the creditors of the policy owner if the premium is paid:(1) not more than one (1) year before the date of the filing of a voluntary or involuntary petition by; or(2) to defraud the creditors of;the policy owner.(d) The insurer issuing the policy is discharged from all liability by payment of the proceeds and avails of the policy (as defined in IC 27-1-12-14(b)) in accordance with the terms of the policy unless, before payment, the insurer has received at the insurer's home office, written notice by or on behalf of a creditor of the policy owner that specifies the amount claimed against the policy owner.Formerly: Acts 1931, c.20, s.1. As amended by P.L.253-1995, SEC.3.
IN Code § 27-2-6-1 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 6. Investment in Certain Bonds|27-2-6-1. Authorized Investments

Sec. 1. Any life insurance, fire insurance, livestock insurance, casualty or accident insurance, or bonding or surety company, or trust company or savings bank now or hereafter organized under the laws of the state of Indiana, in addition to the investments now authorized by law, be and it hereby is authorized and empowered to invest its funds in obligations issued by or for federal land banks, federal intermediate credit banks and banks for cooperatives under the Farm Credit Act of 1971 (12 U.S.C. 2001 et seq.) and such obligations are hereby declared eligible for any deposit required of any such company under the laws of this state.Formerly: Acts 1931, c.55, s.1; Acts 1975, P.L.44, SEC.3. As amended by P.L.124-2018, SEC.61.
IN Code § 27-2-7-1 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 7. Compliance With Other States' Regulations|27-2-7-1. Power of Compliance; Payment of Fees and Taxes

Sec. 1. Every domestic insurer shall have power to comply with any statute, ordinance or other law of any state, territory or political subdivision thereof (including the District of Columbia) imposing any license, excise, privilege, premium, occupation or other fee or tax and to pay such fee or tax unless prior to such payment such statute, ordinance or other law shall have been expressly held invalid by the state court having final appellate jurisdiction in the premises, or by the Supreme Court of the United States.Formerly: Acts 1945, c.123, s.1.
IN Code § 27-2-7-2 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 7. Compliance With Other States' Regulations|27-2-7-2. Exemption From Personal Liability

Sec. 2. No officer, director or trustee of any insurer shall be subject to any personal liability by reason of any payment, or determination not to contest payment, deemed by the board of directors or trustees to be in the corporate interests of such insurer, of any license, excise, privilege, premium, occupation or other fee or tax to any state, territory or political subdivision thereof (including the District of Columbia), unless prior to such payment the statute, ordinance or other law imposing such fee or tax shall have been expressly held invalid by the state court having final appellate jurisdiction in the premises, or by the Supreme Court of the United States.Formerly: Acts 1945, c.123, s.2.
IN Code § 27-2-7-3 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 7. Compliance With Other States' Regulations|27-2-7-3. Application of Act

Sec. 3. This chapter shall be applicable to acts done and payments made on and after March 3, 1945; provided, however, that nothing contained in this chapter shall be construed as directly or indirectly limiting, minimizing, or interpreting the rights and powers and duties of insurers and their officers, directors, and trustees, existing before March 3, 1945, except as specifically exempted by this chapter.Formerly: Acts 1945, c.123, s.3. As amended by P.L.252-1985, SEC.128.
IN Code § 27-2-8-1 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 8. Commissioner's List of Motor Vehicle Insurers|27-2-8-1. List of Motor Vehicle Insurers Agreeable to Meeting State Standards

Sec. 1. The insurance commissioner shall annually forward to all departments and divisions of the state requiring the posting of security because of motor vehicle accidents and resultant damage and loss a list of those insurers which are, or which are agreeable to be, examined by the insurance department in the same manner as set out in IC 27-1-3-7 and IC 27-1-3.1, and set up and maintain liabilities and reserves in the same manner as set out in IC 27-1-13-8, and submit a written statement of their financial condition and their operations on the forms as prescribed by the NAIC and adopted in rules adopted under IC 4-22-2 by the insurance commissioner, and in the same manner as set out in IC 27-1-3-7 and IC 27-1-20-21. No certificates or policies shall be accepted by such departments or divisions as such security unless the insurer so filing the certificate or policy shall have met or is agreeable to meeting the requirements as set out above.Formerly: Acts 1949, c.240, s.1. As amended by P.L.252-1985, SEC.129; P.L.26-1991, SEC.24; P.L.124-2018, SEC.62.
IN Code § 27-2-9.1-1 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 9.1. Prescription Drug Purchases|27-2-9.1-1. "Covered Individual"

Sec. 1. As used in this chapter, "covered individual" means an individual who is entitled to coverage under a health plan.As added by P.L.114-2020, SEC.17.
IN Code § 27-2-9.1-2 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 9.1. Prescription Drug Purchases|27-2-9.1-2. "Health Plan"

Sec. 2. As used in this chapter, "health plan" means a plan that is compliant with the PPACA and offered by an insurer to provide, deliver, arrange for, pay for, or reimburse the cost of health care items or services. The term includes the following:(1) A policy of accident and sickness insurance (as defined in IC 27-8-5-1).(2) An individual contract (as defined by IC 27-13-1-21) and a group contract (as defined by IC 27-13-1-16).As added by P.L.114-2020, SEC.17.
IN Code § 27-2-9.1-3 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 9.1. Prescription Drug Purchases|27-2-9.1-3. "Insurer"

Sec. 3. As used in this chapter, "insurer" means an entity licensed in Indiana to issue a health plan.As added by P.L.114-2020, SEC.17.
IN Code § 27-2-9.1-4 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 9.1. Prescription Drug Purchases|27-2-9.1-4. "Ppaca"

Sec. 4. As used in this chapter, "PPACA" refers to the federal Patient Protection and Affordable Care Act (P.L. 111-148), as amended thereafter, including by the federal Health Care and Education Reconciliation Act of 2010 (P.L. 111-152).As added by P.L.114-2020, SEC.17.
IN Code § 27-2-9.1-5 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 9.1. Prescription Drug Purchases|27-2-9.1-5. Health Plan Procedure Allowing Cost of Prescription Drug to Be Counted Against Deductible

Sec. 5. (a) A health plan shall implement a procedure to allow a covered individual to submit a claim to offset the covered individual's deductible for the cost of a purchase by the covered individual of a prescription drug that:(1) is covered under the covered individual's health plan; and(2) was purchased by the covered individual without submitting at the point of purchase the claim through the health plan.(b) If a covered individual submits a claim to the health plan in accordance with the procedure established under subsection (a), the health plan shall verify the purchase described under subsection (a) and count the amount paid by the covered individual for the purchased covered prescription drug against the covered individual's deductible.As added by P.L.114-2020, SEC.17.
IN Code § 27-2-10-1 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 10. Equity Securities of Insurance Companies|27-2-10-1. Statement of Equity Ownership and Changes in Holdings

Sec. 1. Every person who is directly or indirectly the beneficial owner of more than ten per cent (10%) of any class of any equity security of a domestic stock insurance company, or who is a director or an officer of such company, shall file in the office of the insurance commissioner of Indiana on or before December 31, 1965, or within ten (10) days after he becomes such beneficial owner, director, or officer, a statement, in such form as the insurance commissioner may prescribe, of the amount of all equity securities of such company of which he is the beneficial owner, and within ten (10) days after the close of each calendar month thereafter, if there has been a change in such ownership during such month, shall file in the office of the insurance commissioner a statement, in such form as the commissioner may prescribe, indicating his ownership at the close of the calendar month and such changes in his ownership as have occurred during such calendar month.Formerly: Acts 1965, c.5, s.1.
IN Code § 27-2-10-2 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 10. Equity Securities of Insurance Companies|27-2-10-2. Accounting for Profits From Short Term Equity Trading; Persons Entitled to Bring Action; Limitation of Actions

Sec. 2. For the purpose of preventing the unfair use of information which may have been obtained by such beneficial owner, director, or officer by reason of his relationship to such domestic stock insurance company, any profit realized by him from any purchase and sale, or any sale and purchase, of any equity security of such company within any period of less than six (6) months, unless such security was acquired in good faith in connection with a debt previously contracted, shall inure to and be recoverable by the company, irrespective of any intention on the part of such beneficial owner, director, or officer in entering into such transaction of holding the security purchased or of not repurchasing the security sold for a period exceeding six (6) months. Suit to recover such profit may be instituted at law or in equity in any court of competent jurisdiction by the company, or by the owner of any security of the company in the name and in behalf of the company if the company shall fail or refuse to bring such suit within sixty (60) days after request or shall fail diligently to prosecute the same thereafter; but no such suit shall be brought more than two (2) years after the date such profit was realized. This section shall not be construed to cover any transaction where such beneficial owner was not such both at the time of the purchase and sale, or the sale and purchase, of the security involved, or any transaction or transactions which the insurance commissioner by rules and regulations may exempt as not comprehended within the purpose of this section.Formerly: Acts 1965, c.5, s.2.
IN Code § 27-2-10-3 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 10. Equity Securities of Insurance Companies|27-2-10-3. Short Sales; Time for Delivery of Securities Sold

Sec. 3. It shall be unlawful for any such beneficial owner, director, or officer, directly or indirectly, to sell any equity security of such domestic insurance company if the person selling the security or his principal (i) does not own the security sold, or (ii) if owning the security, does not deliver it against such sale within twenty (20) days thereafter, or does not within five (5) days after such sale deposit it in the mails or other usual channels of transportation; but no person shall be deemed to have violated this section if he proves that notwithstanding the exercise of good faith he was unable to make such delivery or deposit within such time, or that to do so would cause undue inconvenience or expense.Formerly: Acts 1965, c.5, s.3.
IN Code § 27-2-10-4 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 10. Equity Securities of Insurance Companies|27-2-10-4. Exemption of Dealers

Sec. 4. The provisions of section 2 of this chapter shall not apply to any purchase and sale, or sale and purchase, and the provisions of section 3 of this chapter shall not apply to any sale, of an equity security of a domestic stock insurance company not then or theretofore held by him in an investment account, by a dealer in the ordinary course of his business and incident to the establishment or maintenance by him of a primary or secondary market (otherwise than on an exchange as defined in the Securities Exchange Act of 1934, 15 U.S.C. 78a et seq.) for such security. The insurance commissioner may, by such rules as he deems necessary or appropriate and in the public interest, define and prescribe terms and conditions with respect to equity securities held in an investment account and transactions made in the ordinary course of business and incident to the establishment or maintenance of a primary or secondary market.Formerly: Acts 1965, c.5, s.4. As amended by P.L.252-1985, SEC.132.
IN Code § 27-2-10-5 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 10. Equity Securities of Insurance Companies|27-2-10-5. Exemption of Arbitrage Transactions

Sec. 5. The provisions of sections 1, 2, and 3 of this chapter shall not apply to foreign or domestic arbitrage transactions unless made in contravention of such rules as the insurance commissioner may adopt in order to carry out the purposes of this chapter.Formerly: Acts 1965, c.5, s.5. As amended by P.L.252-1985, SEC.133.
IN Code § 27-2-10-6 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 10. Equity Securities of Insurance Companies|27-2-10-6. "Equity Security" Defined

Sec. 6. The term "equity security", when used in this chapter, means any stock or similar security, or any security convertible, with or without consideration, into such a security, or carrying any warrant or right to subscribe to or purchase such a security, or any such warrant or right, or any other security which the insurance commissioner shall deem to be of similar nature and consider necessary or appropriate, by such rules as he may prescribe in the public interest or for the protection of investors, to treat as an equity security.Formerly: Acts 1965, c.5, s.6. As amended by P.L.252-1985, SEC.134.
IN Code § 27-2-10-7 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 10. Equity Securities of Insurance Companies|27-2-10-7. Exemption of Sale of Registered Securities or Securities in Closely Held Corporation

Sec. 7. The provisions of sections 1, 2, and 3 of this chapter shall not apply to transactions in equity securities of a domestic stock insurance company if:(a) such securities shall be registered, or shall be required to be registered, pursuant to section 12 of the Securities Exchange Act of 1934 (15 U.S.C. 78l); or(b) such domestic stock insurance company shall not have any class of its equity securities held of record by one hundred (100) or more persons on the last business day of the year next preceding the year in which equity securities of the company would be subject to the provisions of sections 1, 2, and 3 of this chapter except for the provisions of this subdivision.Formerly: Acts 1965, c.5, s.7. As amended by P.L.252-1985, SEC.135; P.L.3-1989, SEC.153; P.L.124-2018, SEC.63.
IN Code § 27-2-10-8 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 10. Equity Securities of Insurance Companies|27-2-10-8. Powers of Commissioner

Sec. 8. The insurance commissioner shall have the power to make such rules as may be necessary for the execution of the functions vested in him by sections 1 through 7 of this chapter and may for such purpose classify domestic stock insurance companies, securities, and other persons or matters within his jurisdiction. No provision of sections 1, 2, and 3 of this chapter imposing any liability shall apply to any act done or omitted in good faith in conformity with any rule of the insurance commissioner, notwithstanding that such rule may, after such act or omission, be amended or rescinded or determined by judicial or other authority to be invalid for any reason.Formerly: Acts 1965, c.5, s.8. As amended by P.L.252-1985, SEC.136.
IN Code § 27-2-10-9 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 10. Equity Securities of Insurance Companies|27-2-10-9. Construction of Act

Sec. 9. This chapter shall be construed as supplemental to IC 27-1.Formerly: Acts 1965, c.5, s.9. As amended by P.L.252-1985, SEC.137; P.L.11-1987, SEC.30.
IN Code § 27-2-11.1-1 (2021)
2021 Indiana Code|Title 27. Insurance|Article 2. Powers and Duties of Insurers|Chapter 11.1. Minors|27-2-11.1-1. Competence to Contract for Insurance

Sec. 1. No person eighteen (18) years of age or over is incompetent because of age to contract for any insurance or exercise every right, privilege and benefit provided by any insurance contract.Formerly: Acts 1973, P.L.275, SEC.5.