Indiana Code
Chapter 18. Charitable Entity's Insurable Interest in Life of Donor
27-8-18-6. Reliance on Good Faith Representations

Sec. 6. A life insurance company is entitled to rely on the representations made in apparent good faith by the owner or putative owner of a life insurance policy for the purpose of inducing the life insurance company to accept an entity as the owner or beneficiary of the life insurance policy.
As added by P.L.129-1992, SEC.1.