Sec. 4. A standard company may issue an insurance policy insuring against loss or damage to property of a policyholder of the standard company from the perils specified in section 2 of this chapter in a county located in Indiana if the standard company maintains a policyholder surplus or reinsurance that the commissioner determines is sufficient to protect the financial stability of the standard company.
As added by P.L.129-2003, SEC.8.
Structure Indiana Code
Article 5.1. Farm Mutual Insurance Companies
Chapter 3. Standard Farm Mutual Insurance Companies
27-5.1-3-1. Standard Company; Supplementation of Chapter; Limitation on Types of Insurance Provided
27-5.1-3-2. Powers; Kinds of Insurance Coverage
27-5.1-3-3. Company Territory Expansion; Net Retention per Risk; Investments