Sec. 5. (a) A withdrawal of consent by a
party does not affect the legal effectiveness, validity, or enforceability of a notice or document that is
electronically delivered to the party before the withdrawal of consent is effective.
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Terms Used In Indiana Code 27-1-43-5
- electronically delivered: includes the following:
Indiana Code 27-1-43-1
- insurer: means a company, firm, partnership, association, order, society or system making any kind or kinds of insurance and shall include associations operating as Lloyds, reciprocal or inter-insurers, or individual underwriters. See Indiana Code 27-1-2-3
- party: means a recipient of a notice or document required as part of an insurance transaction. See Indiana Code 27-1-43-2
(c) An insurer’s failure to comply with section 3(d)(4) of this chapter is, at the election of the party, considered to be a withdrawal of the party’s consent under this chapter.
As added by P.L.119-2014, SEC.1. Amended by P.L.196-2021, SEC.31.
