Indiana Code Title 27. Insurance § 27-9-4-1

Sec. 1. (a) If a domiciliary liquidator has not been appointed, the commissioner may apply to the Marion County circuit court by verified petition for an order directing him to act as conservator to conserve the property of an alien insurer not domiciled in Indiana or a foreign insurer on any one (1) or more of the following grounds:

(b) When an order is sought under subsection (a), the Marion County circuit court shall cause the insurer to be given a notice and a time within which to respond to the request as is reasonable under the circumstances.

(c) The Marion County circuit court may issue the order in whatever terms the court considers appropriate.  The filing or recording of the order with the clerk of the Marion County circuit court or the recorder of deeds of the county in which the principal business of the company is located, shall impart the same notice as a deed, bill of sale, or other evidence of title duly filed or recorded with that recorder of deeds would have imparted.

(d) The conservator may at any time petition for and the Marion County circuit court may grant an order under section 2 of this chapter   1 to liquidate assets of a foreign or alien insurer under conservation, or, if appropriate, for an order under section 4 of this chapter   2 to be appointed ancillary receiver.

(e) The conservator may at any time petition the Marion County circuit court for an order terminating conservation of an insurer.  If the court finds that the conservation is no longer necessary, the court shall order the insurer be restored to possession of its property and the control of its business.  The court may also make such finding and issue such order at any time upon motion of any interested party, but if that motion is denied all costs shall be assessed against such party.