Sec. 15. Such corporation, association or society, shall pay to the auditor of state, upon filing each annual statement, a fee of ten dollars ($10.00). And in the event of its failure to make such statement on or before the thirty-first day of August of each year, the auditor of state shall revoke its license, and thereafter, or until such statement is made, it shall be deemed to be doing business unlawfully in this state. When the auditor of state of this state shall have reason to doubt the solvency of any such foreign corporation, association or society, he shall accept a statement from the insurance commissioner, or like officer of the state under whose authority it was organized, as prima facie evidence of its solvency.
Formerly: Acts 1883, c.136, s.15.
Structure Indiana Code
Article 8. Life, Accident, and Health
Chapter 1. Life Insurance─assessment Plan
27-8-1-1. Authority to Incorporate
27-8-1-2. Corporate Status and Powers
27-8-1-3. Name; Approval; Misleading Similarity
27-8-1-4. Statement of Initial Applications and Deposit of First Assessment
27-8-1-5. Assessment; Statement of Object
27-8-1-6. Exemption of Certificates From Valuation; Insurable Interest
27-8-1-7. Restriction on Kinds of Certificates; Expenses; Segregation of Expense and Mortuary Funds
27-8-1-8. Annual Statement; Examination
27-8-1-10. Quo Warranto to Remove Officers or Close Business
27-8-1-11. Bonds of Officers and Agents
27-8-1-12. Examination of Sufficiency of Treasurer's Bond
27-8-1-13. Qualification of Foreign Corporation
27-8-1-14. Retaliatory Provision
27-8-1-16. Foreign Corporations; Fraudulent Practices; Quo Warranto to Revoke License