Ind. Code § 27-1-20-5

Current through P.L. 171-2024
Section 27-1-20-5 - Deposit of securities acquired from foreign life insurer under reinsurance agreement

Nothing in this law shall prevent the deposit of securities and other evidences of ownership of property, acquired from a life insurance company domiciled in a foreign state or alien country by a domestic life insurance company under a reinsurance agreement approved by the department, provided such securities and property comply with the investment requirements of the state of incorporation of such reinsured company.

IC 27-1-20-5

Formerly: Acts 1935, c.162, s.252.