{"data":{"id":"us-in/ic-27-1-12-3.5","jurisdiction":"us-in","citation":"IC 27-1-12-3.5","heading":"Intangible assets attributable to investment in subsidiary; exceptions","body":"Sec. 3.5. Goodwill, trade names, and other like intangible assets attributable to any investment in a subsidiary shall be admitted as assets except:\n(1) to the extent that the aggregate amount thereof exceeds ten percent (10%) of the capital and surplus of the insurer as reported in its latest annual report filed with the commissioner;\n(2) to the extent that any such asset is not being amortized ratably over a period of ten (10) years or less from the date of acquisition; and\n(3) in determining the financial condition or solvency of an insurer under IC 27-9.","path":["TITLE 27. INSURANCE","ARTICLE 1. DEPARTMENT OF INSURANCE","Chapter 12. Life Insurance Company Powers and Policy Requirements"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-1-12-3.5","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"ebb11b5639961d1547780e97beebbefd5a3049cff5329a21af97ece023dfbe05","source_id":"us-in","stale":false,"prev":"us-in/ic-27-1-12-3","next":"us-in/ic-27-1-12-4"},"notice":"GroundRules: Original legal text. Not legal advice."}