Ind. Code § 27-1-3-4
This is the official text of Ind. Code § 27-1-3-4, part of Indiana’s Code — part of the compiled statutory law of Indiana, published by the state as "Code." Browse the sections below, each linked to its official government source.
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Business practices of insurance companies
Official statutory text
Sec. 4. Every insurance company to which this article is applicable:
(1) shall conduct and transact its business in a safe and prudent manner;
(2) shall maintain such company in a safe and solvent condition; and
(3) shall establish and maintain safe and sound methods for the conduct of such insurance company and its business and prudential affairs.
Formerly: Acts 1935, c.162, s.11. As amended by P.L.252-1985, SEC.6.
(1) shall conduct and transact its business in a safe and prudent manner;
(2) shall maintain such company in a safe and solvent condition; and
(3) shall establish and maintain safe and sound methods for the conduct of such insurance company and its business and prudential affairs.
Formerly: Acts 1935, c.162, s.11. As amended by P.L.252-1985, SEC.6.
Status: in_force · Read it on the official government site
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