IC 27-9-3 – Formal Proceedings | Midpage

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Indiana Code

Chapter 3

IC 27-9-3

Formal Proceedings

0.1Application of certain amendments to chapter 1Petition to rehabilitate insurer 2Order to rehabilitate insurer 3Rehabilitator; personnel; term; compensation; powers; plan 4Pending actions; protection of insurer after rehabilitation order 5Petition for liquidation; termination of rehabilitation 6Basis for liquidation 7Order to liquidate; content; effect; declaration of insolvency; accounting 8Termination of insurance coverage 9Dissolution of corporate existence; authorized acts of liquidator 10Notice of liquidation by liquidator 11Notice of liquidation by insurance producers to policyholders 12Actions after liquidation orders 13Listing of assets 14Transfers made or obligations incurred as fraudulent 15Transfers after petition; validity 16Preferences 17Transfers; time perfected 18Liens 19Transfers on account of new and contemporaneous consideration 20Liens dissolved by furnishing bond; effect of voidable lien 21Discharge from voidable lien 22Jurisdiction of Marion County circuit court under this chapter 23Discharge of surety under releasing bond 24Extension of unsecured credit by preferred creditor 25Payment to attorney for services 26Personal liability relating to improper preferences 27Claims by creditors holding voidable preferences 28Setoff of mutual debts or credits 29Liquidator's report; assessment of members 30Repealed 30.1Reinsurance; method of payment upon liquidation 31Liability for payment of premiums by insured and person other than insured; penalties 32Proposal to disburse assets 33Filing proof of claims 34Content of proof of claim 34.5Administration of large deductible worker's compensation policy 35Claims subject to contingencies 36Claims by insured or by third party 37Denial of claim; objections; hearing 38Claims in name of secured creditors 39Valuation of security held by secured creditor 40Priority of distribution of claims 40.5Segregated investment accounts 41Settlement of claims; report of unresolved claims; action of court on report 42Payment of distributions 43Deposit of unclaimed funds 44Discharge of liquidator 45Reopening of proceedings 46Destruction of records 47Audit of books of commissioner relating to receivership