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Indiana Code Title 27. Insurance § 27-13-32-1

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 1.  (a) This section does not apply to a health maintenance organization or a limited service health maintenance organization that is a foreign corporation.

(b) As used in this section, “foreign corporation” means a corporation organized or reorganized under the law of a state or jurisdiction other than Indiana.

(c) A person may not acquire control, as that term is defined in IC 27-1-23-1, of a health maintenance organization or a limited service health maintenance organization unless:

(1) that person complies with the requirements of IC 27-1-23-2;  and

(2) the acquisition is approved by the commissioner under the procedure set forth in IC 27-1-23-2.

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Cite this article: FindLaw.com - Indiana Code Title 27. Insurance § 27-13-32-1 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-27-insurance/in-code-sect-27-13-32-1/

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