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§ 27-13-13-5 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 27 - Insurance/
  5. Article 13 - Health Maintenance Organizations/
  6. Chapter 13 - Protection Against Insolvency; Deposit Requirements27-13-13-1. Items Deposited; Minimum Value/
  7. § 27-13-13-5
Indiana Legal Code

§ 27-13-13-5

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(b) The commissioner may use the deposit for administrative costs that are attributable to a receivership of the health maintenance organization.(c) If the health maintenance organization is placed in receivership, the deposit made by the organization must be treated as an asset of the organization subject to IC 27-9.As added by P.L.26-1994, SEC.25. Amended by P.L.208-2018, SEC.28.