{"data":{"id":"us-in/ic-27-9-3.1-18","jurisdiction":"us-in","citation":"IC 27-9-3.1-18","heading":"Receiver's right of disaffirmance or repudiation","body":"Sec. 18. In exercising a receiver's right of disaffirmance or repudiation with respect to a netting agreement or qualified financial contract to which an insurer is a party, the receiver for the insurer shall either:\n(1) disaffirm or repudiate 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; or\n(2) disaffirm or repudiate none of the netting agreements and qualified financial contracts 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#27-9-3.1-18","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"7e38e86334d47124cd551946d8db91c67288570673d57e50bba1aa8605c49226","source_id":"us-in","stale":false,"prev":"us-in/ic-27-9-3.1-17","next":"us-in/ic-27-9-3.1-19"},"notice":"GroundRules: Original legal text. Not legal advice."}
