Indiana Code > Title 27 > Article 1 > Chapter 45.5 – Indiana Public Employers’ Plan
Current as of: 2024 | Check for updates
|
Other versions
| § 27-1-45.5-1 | “IPEP” |
| § 27-1-45.5-2 | “Political subdivision” |
| § 27-1-45.5-3 | Application for certificate of authority; application deadline |
| § 27-1-45.5-4 | Domestic tax exempt reciprocal insurance company |
Terms Used In Indiana Code > Title 27 > Article 1 > Chapter 45.5 - Indiana Public Employers' Plan
- articles of incorporation: includes both the original articles of incorporation and any and all amendments thereto, except where the original articles of incorporation only are expressly referred to, and includes articles of merger, consolidation and reinsurance, and in case of corporations, heretofore organized, articles of reorganization filed in the office of the secretary of state, and all amendments thereto. See Indiana Code 27-1-2-3
- certificate of authority: means an instrument in writing issued by the department to an insurer, which sets out the authority of such insurer to engage in the business of insurance or activities connected therewith. See Indiana Code 27-1-2-3
- Commissioner: means the "insurance commissioner" of this state. See Indiana Code 27-1-2-3
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- corporation: means an insurance company and includes all persons, partnerships, corporations, associations, orders or societies engaged in or proposing to engage in making any kind of insurance authorized by the laws of this state. See Indiana Code 27-1-2-3
- Insurance: means a contract of insurance or an agreement by which one (1) party, for a consideration, promises to pay money or its equivalent or to do an act valuable to the insured upon the destruction, loss or injury of something in which the other party has a pecuniary interest, or in consideration of a price paid, adequate to the risk, becomes security to the other against loss by certain specified risks; to grant indemnity or security against loss for a consideration. See Indiana Code 27-1-2-3
- IPEP: refers to the Indiana Public Employers' Plan, Inc. See Indiana Code 27-1-45.5-1
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Statute: A law passed by a legislature.
- Trustee: A person or institution holding and administering property in trust.