§ 27-7-10-4

As used in this chapter, 'hazardous financial condition' means that, based on its present or reasonably anticipated financial condition, a risk retention group, although not yet financially impaired or insolvent, is unlikely to be able to:(1) meet obligations to policyholders with respect to known claims and reasonably anticipated claims; or(2) pay other obligations in the normal course of business.As added by P.L.162-1988, SEC.2.