Sec. 16. A domestic insurer that fails to file an audited annual financial report before July 1 or any other deadline established by the commissioner for the insurer under this chapter without having obtained an extension is subject to a civil penalty of fifty dollars ($50) per day until the report is received by the commissioner.
As added by P.L.244-1989, SEC.2.
Structure Indiana Code
Article 1. Department of Insurance
Chapter 3.5. Annual Audited Financial Reports
27-1-3.5-0.5. "Audit Committee"
27-1-3.5-2. "Domestic Insurer"
27-1-3.5-2.6. "Group of Insurers"
27-1-3.5-3. "Independent Auditor"
27-1-3.5-3.1. "Insurance Holding Company System"
27-1-3.5-3.2. "Internal Audit Function"
27-1-3.5-3.3. "Internal Control Over Financial Reporting"
27-1-3.5-3.6. "Section 404 Report"
27-1-3.5-3.7. "Sox Compliant Entity"
27-1-3.5-5. Application of Chapter; Exemptions
27-1-3.5-6. Annual Audit; Filing; Time; Extension
27-1-3.5-6.5. Filing Annual Audited Financial Reports by Domestic Insurer
27-1-3.5-7. Contents of Report
27-1-3.5-8. Independent Auditor
27-1-3.5-9. Qualifications of Independent Auditor
27-1-3.5-10. Consolidated Returns
27-1-3.5-11. Report From Independent Auditor of Financial Condition Irregularities; Subsequent Facts
27-1-3.5-12. Report of Unremediated Material Weaknesses in Internal Control Over Financial Reporting
27-1-3.5-12.1. Audit Committee; Members; Duties; Waiver
27-1-3.5-12.3. Internal Audit Function
27-1-3.5-12.5. Management's Report of Internal Control Over Financial Reporting
27-1-3.5-13. Independent Audit Work Papers and Communications; Review by Department Examiners
27-1-3.5-14. Exemption Application; Hearing
27-1-3.5-16. Penalty for Noncompliance
27-1-3.5-17. Effect of Chapter on Examinations Under Ic 27-1-3.1