Indiana § 27-1-10-3 - Reinsurance of noncancellable policies
Full text of Indiana Indiana Code § 27-1-10-3 — Reinsurance of noncancellable policies, with citation guidance and answers to common questions.
§ 27-1-10-3. Reinsurance of noncancellable policies
Sec. 3. Nothing contained in this article shall authorize or be construed to authorize the dissolution of any life insurance company or health and accident insurance company having noncancellable policies in force, after the same shall have commenced business, unless and until all of its policies shall have been reinsured, to the satisfaction of the commissioner, in a solvent life insurance company or health and accident insurance company respectively.
Formerly: Acts 1935, c.162, s.133. As amended by P.L.252-1985, SEC.49.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 27-1-10-3
What does Indiana Code § 27-1-10-3 cover?
Section 27-1-10-3 ("Reinsurance of noncancellable policies") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 27-1-10-3?
A common citation format is "Indiana Code § 27-1-10-3" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 27-1-10-3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.