{"data":{"id":"us-in/ic-27-2-18-5","jurisdiction":"us-in","citation":"IC 27-2-18-5","heading":"\"Material disposition\" defined","body":"Sec. 5. As used in this chapter, \"material disposition\" means an asset disposition or a series of related asset dispositions 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#27-2-18-5","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"d3ac846195da1c0494f22f2088147414a1b8c175376586d43a5ed80e5440bd1a","source_id":"us-in","stale":false,"prev":"us-in/ic-27-2-18-4","next":"us-in/ic-27-2-18-6"},"notice":"GroundRules: Original legal text. Not legal advice."}