{"data":{"id":"us-in/ic-27-1-12.1-5","jurisdiction":"us-in","citation":"IC 27-1-12.1-5","heading":"Risk","body":"Sec. 5. As used in this chapter, \"risk\" means a risk:\n(1) that is associated with a life insurance policy that is:\n(A) written by a ceding domestic life insurance company; or\n(B) assumed by a ceding domestic life insurance company from an affiliate; and\n(2) for which a ceding domestic life insurance company holds direct statutory reserves for the policy as required under IC 27-1-12-10.5.","path":["TITLE 27. INSURANCE","ARTICLE 1. DEPARTMENT OF INSURANCE","Chapter 12.1. Limited Purpose Subsidiary Life Insurance Companies"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-1-12.1-5","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"1e68e9ddde2118e73de0bdf67b9bbb116fd9be49c0426fffa33a5a8ef7caf681","source_id":"us-in","stale":false,"prev":"us-in/ic-27-1-12.1-4","next":"us-in/ic-27-1-12.1-6"},"notice":"GroundRules: Original legal text. Not legal advice."}