Indiana § 37-2-5-3 - Conditions applying to insurance to be provided by creditor
Full text of Indiana Indiana Code § 37-2-5-3 — Conditions applying to insurance to be provided by creditor, with citation guidance and answers to common questions.
§ 37-2-5-3. Conditions applying to insurance to be provided by creditor
Sec. 3. If a creditor agrees with a debtor to provide insurance:
(1) the insurance shall be evidenced by an individual policy or certificate of insurance delivered to the debtor, or sent to the debtor at the debtor's address as stated by the debtor, within thirty (30) days after the term of the insurance commences under the agreement between the creditor and debtor; or
(2) the creditor shall promptly notify the debtor of any failure or delay in providing the insurance.
[Pre-2026 Revision Citation: 24-4.5-4-105.]
As added by P.L.115-2026, SEC.97.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 37-2-5-3
What does Indiana Code § 37-2-5-3 cover?
Section 37-2-5-3 ("Conditions applying to insurance to be provided by creditor") 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 § 37-2-5-3?
A common citation format is "Indiana Code § 37-2-5-3" (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 § 37-2-5-3 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.