Sec. 4. An extended company shall comply with the following financial and reinsurance requirements if the extended company provides the types of insurance described in section 3 of this chapter:
(1) The extended company shall maintain a policyholder surplus as required under IC 27-1-6-15.
(2) The net retention per risk that an extended company may maintain may not exceed two-tenths percent (0.2%) of the extended company's insurance in force.
As added by P.L.129-2003, SEC.8.
Structure Indiana Code
Article 5.1. Farm Mutual Insurance Companies
Chapter 4. Extended Farm Mutual Insurance Companies
27-5.1-4-1. Extended Company Requirements
27-5.1-4-3. Kinds of Insurance Coverage
27-5.1-4-4. Financial and Reinsurance Requirements
27-5.1-4-5. Collections Through Assessments and Premiums