Sec. 17. (a) The commissioner may examine the affairs of a farm mutual insurance company under IC 27-1-3.1.

     (b) The commissioner may take an action that may protect a policyholder’s interest if the commissioner determines that a farm mutual insurance company conducts business in a manner that is:

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(1) contrary to law applying to a farm mutual insurance company; or

(2) detrimental to policyholder interests.

As added by P.L.129-2003, SEC.8.