Inquiry into legal status of charitable entity

Ind. Code § 27-8-18-5
in effect
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Sec. 5. A life insurance company that is requested to: (1) issue a life insurance policy; or (2) transfer ownership of a life insurance policy; to an entity that is purported to be a charitable entity has no obligation to inquire into the legal status of that entity under any law. As added by P.L.129-1992, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/27Fetched: 10/17/2026