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344 chapters · 3,652 sections in this title.
Ind. Code § 27-1-40-1 "Trusteed surplus"
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Sec. 1. As used in this chapter, "trusteed surplus" means the aggregate value of a United States branch's: (1) surplus and reserve funds required under IC 27-1-6; and (2) trust assets described in section 4 of this chapter; plus investment income accrued on the items described in…
Ind. Code § 27-1-40-2 "United States branch"
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Sec. 2. As used in this chapter, "United States branch" means: (1) an entity that is considered, for purposes of this chapter, to be a domestic company through which insurance business is transacted in the United States by an alien company; and (2) the alien company's assets and …
Ind. Code § 27-1-40-3 Indiana as state of entry for alien company
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Sec. 3. Indiana may serve as a state of entry to enable an alien company to transact insurance business in the United States through a United States branch if the United States branch: (1) qualifies under this title for a certificate of authority as if the United States branch we…
Ind. Code § 27-1-40-4 Trust account; requirements; trust agreement
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Sec. 4. (a) A trust account established under section 3(2) of this chapter must contain, at all times, an amount equal to the United States branch's reserves and other liabilities, plus the: (1) minimum capital and surplus requirement; or (2) authorized control level risk based c…