Current through P.L. 171-2024
Section 27-5.1-3-1 - Standard company; supplementation of chapter; limitation on types of insurance provided(a) This chapter supplements the requirements set forth for a standard company in IC 27-5.1-2.(b) A standard company may not insure a policyholder of the farm mutual insurance company: (1) against loss to a motor vehicle owned by the policyholder from peril;(2) against liability resulting from the use of a motor vehicle owned by the policyholder;(3) for property loss in connection with a specific loan or other credit transaction; or(4) for personal, commercial, and farm liability.As added by P.L. 129-2003, SEC.8.