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§ 27-1-2-2-4 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 27 - Insurance/
  5. Article 1 - Department of Insurance/
  6. Chapter 2.2 - Nonprofit Agricultural Organization Coverage27-1-2.2-1. "Nonprofit Agricultural Organization"/
  7. § 27-1-2-2-4
Indiana Legal Code

§ 27-1-2-2-4

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(a) Nonprofit agricultural organization coverage provided under this chapter:(1) is not insurance;(2) shall not be considered to be insurance under this title or any other provision of Indiana law; and(3) is not subject to the regulatory authority of the department of insurance under this title or any other provision of Indiana law.(b) Entering into a contract between a nonprofit agricultural organization and an individual for health coverage under this chapter does not constitute the business of insurance.(c) A nonprofit agricultural organization providing coverage under this chapter is not required to obtain a certificate of authority under IC 27-1-3-20.As added by P.L.136-2020, SEC.1.