{"data":{"id":"us-in/ic-27-17-9-2","jurisdiction":"us-in","citation":"IC 27-17-9-2","heading":"Surety bond requirements","body":"Sec. 2. Except as provided in section 3 of this chapter, a discount medical card program organization shall maintain in force a surety bond issued:\n(1) by an insurer granted a certificate of authority under this title;\n(2) in the discount medical card organization's name; and\n(3) in an amount equal to at least thirty-five thousand dollars ($35,000);\nfor the commissioner's use in protecting the financial interest of a cardholder who may be adversely affected by the insolvency of the discount medical card program organization.","path":["TITLE 27. INSURANCE","ARTICLE 17. DISCOUNT MEDICAL CARD PROGRAM ORGANIZATIONS","Chapter 9. Financial Requirements"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-17-9-2","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"12872fd1ec6503bc82c232d074da09cc7dd2e1f8d61a96a2b0c0904d8922508b","source_id":"us-in","stale":false,"prev":"us-in/ic-27-17-9-1","next":"us-in/ic-27-17-9-3"},"notice":"GroundRules: Original legal text. Not legal advice."}