1. (a) This chapter supplements the requirements set forth for a standard company in IC 27-5.1-2 .

2. (b) A standard company may not insure a policyholder of the farm mutual insurance company:

   1. (1) against loss to a motor vehicle owned by the policyholder from peril;
   2. (2) against liability resulting from the use of a motor vehicle owned by the policyholder;
   3. (3) for property loss in connection with a specific loan or other credit transaction; or
   4. (4) for personal, commercial, and farm liability.

As added by P.L.129-2003, SEC.8.