{"data":{"id":"us-in/ic-27-2-18-4","jurisdiction":"us-in","citation":"IC 27-2-18-4","heading":"\"Material acquisition\" defined","body":"Sec. 4. As used in this chapter, \"material acquisition\" means an asset acquisition or a series of related asset acquisitions during any thirty (30) day period that:\n(1) is nonrecurring;\n(2) is not in the normal course of business; and\n(3) involves more than five percent (5%) of the reporting insurer's total admitted assets as reported in the insurer's most recent statutory statement filed with the department.","path":["TITLE 27. INSURANCE","ARTICLE 2. POWERS AND DUTIES OF INSURERS","Chapter 18. Disclosure of Material Transactions"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-2-18-4","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"1e92e2344e9ca92274dd86b1cd4d22a7dd90217a808bd8433e2e9fc64581a33d","source_id":"us-in","stale":false,"prev":"us-in/ic-27-2-18-3","next":"us-in/ic-27-2-18-5"},"notice":"GroundRules: Original legal text. Not legal advice."}