{"data":{"id":"us-in/ic-27-1-12.8-39","jurisdiction":"us-in","citation":"IC 27-1-12.8-39","heading":"Exemptions of certain products from requirements","body":"Sec. 39. (a) The commissioner may exempt specific product forms or product lines of a domestic company that is licensed and doing business only in Indiana from the requirements of section 34 of this chapter if:\n(1) the commissioner has issued an exemption in writing to the company and has not subsequently revoked the exemption in writing; and\n(2) the company computes reserves using assumptions and methods used before the operative date of the valuation manual in addition to requirements established by the commissioner in rules adopted under IC 4-22-2.\n(b) With respect to a company granted an exemption under this section, sections 21 through 33 of this chapter apply. With respect to a company applying the exemption under this section, a reference to section 34 of this chapter in sections 21 through 33 of this chapter does not apply.","path":["TITLE 27. INSURANCE","ARTICLE 1. DEPARTMENT OF INSURANCE","Chapter 12.8. Standard Valuation Law"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-1-12.8-39","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"c087a08febe78d79f16806a350df67eca160ed9b410e86e58efa7f54821f483d","source_id":"us-in","stale":false,"prev":"us-in/ic-27-1-12.8-38","next":"us-in/ic-27-1-12.8-40"},"notice":"GroundRules: Original legal text. Not legal advice."}