IC 27-13-12-2: Initial minimum net worth

Sec. 2. Before issuing a certificate of authority to a health maintenance organization, the commissioner shall require that the health maintenance organization:

(1) have an initial net worth of at least one million five hundred thousand dollars ($1,500,000); and

(2) maintain, after issuance of the certificate, at least the minimum net worth required under section 3 of this chapter.