Indiana § 27-8-1-5 - Assessment; statement of object

Full text of Indiana Indiana Code § 27-8-1-5 — Assessment; statement of object, with citation guidance and answers to common questions.

§ 27-8-1-5. Assessment; statement of object

Sec. 5. Assessment notices sent to members by any such an association shall state the object for which the money to be collected from the insured is intended, and no part of the proceeds of any assessment shall be applied to any other purpose than the stated purpose for which it was collected.

Formerly: Acts 1883, c.136, s.5.

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 27-8-1-5

What does Indiana Code § 27-8-1-5 cover?

Section 27-8-1-5 ("Assessment; statement of object") 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 § 27-8-1-5?

A common citation format is "Indiana Code § 27-8-1-5" (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 § 27-8-1-5 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.