{"data":{"id":"us-in/ic-27-1-3-27","jurisdiction":"us-in","citation":"IC 27-1-3-27","heading":"Order to limit or disallow payment of ordinary shareholder dividends","body":"Sec. 27. The department shall establish and follow a practice under which the department issues an order to limit or disallow the payment of ordinary shareholder dividends by a domestic insurer if the domestic insurer is found to be financially distressed or troubled.","path":["TITLE 27. INSURANCE","ARTICLE 1. DEPARTMENT OF INSURANCE","Chapter 3. General Powers and Duties of the Department"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-1-3-27","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"f45cb372cfb30b10917a6aee6c8723b7edf829214a08c476c9320fc3aaea0ad9","source_id":"us-in","stale":false,"prev":"us-in/ic-27-1-3-26","next":"us-in/ic-27-1-3-28"},"notice":"GroundRules: Original legal text. Not legal advice."}
