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§ 27-1-20-5 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 27 - Insurance/
  5. Article 1 - Department of Insurance/
  6. Chapter 20 - Additional Provisions Pertaining to All Insurance Companies27-1-20-1. Insurance of Deposited Securities/
  7. § 27-1-20-5
Indiana Legal Code

§ 27-1-20-5

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Nothing in this law shall prevent the deposit of securities and other evidences of ownership of property, acquired from a life insurance company domiciled in a foreign state or alien country by a domestic life insurance company under a reinsurance agreement approved by the department, provided such securities and property comply with the investment requirements of the state of incorporation of such reinsured company.Formerly: Acts 1935, c.162, s.252.