As used in this chapter, "company" is limited to a company that has:

1. (1) issued, delivered, or reinsured at least one (1):

   1. (A) policy of insurance described in Class 1(a) or Class 1(c)(1) of IC 27-1-5-1 ; or

   2. (B) policy of insurance or contract described in Class 1(b), Class 1(c)(2), or Class 2(a) of IC 27-1-5-1 ;

      in Indiana that is in force or subject to at least one (1) outstanding claim; or

2. (2) issued, delivered, or reinsured a policy or contract described in subdivision (1)(A) or (1)(B) in another state and is required to hold a certificate of authority to issue, deliver, or reinsure a policy or contract described in subdivision (1)(A) or (1)(B) in Indiana.

As added by P.L.276-2013, SEC.10.