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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 20. If any lien that is voidable under section 16(b) of this chapter 1 has been dissolved by the furnishing of a bond or other obligation, the surety on which has been indemnified directly or indirectly by the transfer of or the creation of a lien upon any property of an insurer before the filing of a petition under IC 27-9 that results in a liquidation order, the indemnifying transfer or lien shall also be considered voidable.
Cite this article: FindLaw.com - Indiana Code Title 27. Insurance § 27-9-3-20 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-27-insurance/in-code-sect-27-9-3-20/
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