{"data":{"id":"us-in/ic-27-9-3.1-15","jurisdiction":"us-in","citation":"IC 27-9-3.1-15","heading":"Transfers by receiver","body":"Sec. 15. In making a transfer of a netting agreement or qualified financial contract of an insurer that is subject to a proceeding under IC 27-9-3, the receiver shall either:\n(1) transfer to one (1) party, other than an insurer subject to a proceeding under IC 27-9-3, all netting agreements and qualified financial contracts between a counterparty or an affiliate of a counterparty and the insurer that is the subject of the proceeding, including:\n(A) all rights and obligations of each party; and\n(B) all property, including guarantees or credit enhancements, that secures claims of each party;\nunder each netting agreement and qualified financial contract; or\n(2) transfer none of the netting agreements, qualified financial contracts, rights, obligations, or property referred to in subdivision (1) with respect to a counterparty or an affiliate of a counterparty.","path":["TITLE 27. INSURANCE","ARTICLE 9. SUPERVISION; REHABILITATION; LIQUIDATION","Chapter 3.1. Treatment of Certain Agreements"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-9-3.1-15","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"6b8026b85458d6552fc55e78ac1f599ce95e44debd27d86bfca58e0eb066a2a3","source_id":"us-in","stale":false,"prev":"us-in/ic-27-9-3.1-14","next":"us-in/ic-27-9-3.1-16"},"notice":"GroundRules: Original legal text. Not legal advice."}
