{"data":{"id":"us-in/ic-27-2-15-1","jurisdiction":"us-in","citation":"IC 27-2-15-1","heading":"\"Available insurance proceeds\" defined","body":"Sec. 1. As used in this chapter, \"available insurance proceeds\" means the proceeds payable under an insurance policy based upon a claim for damage to or loss of a building or other structure caused by fire or explosion, minus proceeds paid to:\n(1) the insured for emergency living expenses;\n(2) take emergency action necessary to secure the premises;\n(3) prevent further damage to the premises; or\n(4) a lienholder or mortgagee who is not the target of an investigation by an authorized agency (as defined in IC 27-2-13-1).","path":["TITLE 27. INSURANCE","ARTICLE 2. POWERS AND DUTIES OF INSURERS","Chapter 15. Available Insurance Proceeds Set Aside"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-2-15-1","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"f97845540cdf61693e7e67db33485288594d829db6421063aff9cb459f203e31","source_id":"us-in","stale":false,"prev":"us-in/ic-27-2-14-4","next":"us-in/ic-27-2-15-2"},"notice":"GroundRules: Original legal text. Not legal advice."}