Section 27-1-4.1-1 - Application and scope of chapter(a) This chapter applies beginning January 1, 2016.(b) This chapter does not do the following: (1) Impose corporate governance standards or internal procedures that are not otherwise required under IC 27.(2) Limit the commissioner's authority, or the rights and obligations of third parties, under IC 27-1-3.1.Added by P.L. 146-2015, SEC. 19, eff. 7/1/2015.