{"data":{"id":"us-in/ic-27-1-36-39","jurisdiction":"us-in","citation":"IC 27-1-36-39","heading":"\"Authorized control level event\"","body":"Sec. 39. As used in this chapter, \"authorized control level event\" means any of the following events:\n(1) The filing of an RBC report by an insurer that indicates that the insurer's total adjusted capital is:\n(A) greater than or equal to its mandatory control level RBC; but\n(B) less than its authorized control level RBC.\n(2) The notification by the commissioner to the insurer of an adjusted RBC report that indicates that the insurer's total adjusted capital is:\n(A) greater than or equal to its mandatory control level RBC; but\n(B) less than its authorized control level RBC;\nunless the insurer challenges the adjusted RBC report under section 44 of this chapter.\n(3) Notification by the commissioner to the insurer that the commissioner has, after a hearing under section 44 of this chapter, rejected the insurer's challenge to an adjusted RBC report.\n(4) The failure of the insurer to respond, in a manner satisfactory to the commissioner, to a corrective order, unless the insurer has challenged the corrective order under section 44 of this chapter.\n(5) The failure of the insurer to respond, in a manner satisfactory to the commissioner, to a corrective order if, after a challenge and a hearing under section 44 of this chapter, the commissioner has:\n(A) rejected the challenge; or\n(B) modified the corrective order.","path":["TITLE 27. INSURANCE","ARTICLE 1. DEPARTMENT OF INSURANCE","Chapter 36. Risk Based Capital Requirements"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-1-36-39","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"c54b005200d20e30389f132a7cf956ebe9c621e14678f7440b552ed9cea6f304","source_id":"us-in","stale":false,"prev":"us-in/ic-27-1-36-38","next":"us-in/ic-27-1-36-40"},"notice":"GroundRules: Original legal text. Not legal advice."}