Ind. Code § 27-5.1-2-4

Current through P.L. 171-2024

Section 27-5.1-2-4 - Proposed farm mutual insurance company requirements for certificate of authority

A farm mutual insurance company that is established after June 30, 2003, must have at least:

(1) two hundred fifty (250) applications for insurance policies; and

(2) one hundred thousand dollars ($100,000) in annual direct written premiums;

before issuing an insurance policy.

IC 27-5.1-2-4

As added by P.L. 129-2003, SEC.8.