{"data":{"id":"us-in/ic-27-9-3.1-17","jurisdiction":"us-in","citation":"IC 27-9-3.1-17","heading":"Avoidance of transfer by receiver","body":"Sec. 17. Notwithstanding IC 27-9-3 and this chapter, a receiver may not avoid a transfer of money or other property arising in connection with:\n(1) a netting agreement or qualified financial contract;\n(2) a pledge, security, collateral, reimbursement, guarantee agreement, or similar security agreement; or\n(3) an arrangement or credit enhancement relating to a netting agreement or qualified financial contract;\nmade before the commencement of a formal delinquency proceeding under IC 27-9-3. However, a receiver may avoid a transfer made with actual intent to hinder, delay, or defraud the insurer, the insurer's receiver, or creditors.","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#27-9-3.1-17","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"6964000dd552d2e4855a7e4004c435224f996f184f32a016a17413562bc44a74","source_id":"us-in","stale":false,"prev":"us-in/ic-27-9-3.1-16","next":"us-in/ic-27-9-3.1-18"},"notice":"GroundRules: Original legal text. Not legal advice."}