Notice of insolvency, failure, or suspension of operations; failure to give notice

Ind. Code § 27-1-3-14
in effect
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Sec. 14. If any domestic insurance company is insolvent, or in imminent danger of insolvency, or fails or suspends operation between the periods of examination authorized, it is a Class B misdemeanor for the highest officer then actively in charge of such domestic insurance company to knowingly fail to notify the department immediately, of such condition, failure, or suspension. Formerly: Acts 1935, c.162, s.21. As amended by Acts 1978, P.L.2, SEC.2704.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/27Fetched: 10/17/2026

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