1. (a) Nonprofit agricultural organization coverage provided under this chapter:

   1. (1) is not insurance;
   2. (2) shall not be considered to be insurance under this title or any other provision of Indiana law; and
   3. (3) is not subject to the regulatory authority of the department of insurance under this title or any other provision of Indiana law.
2. (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.
3. (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.