Ind. Code § 27-13-12-2

Current through P.L. 171-2024

Section 27-13-12-2 - Initial minimum net worth

Before issuing a certificate of authority to a health maintenance organization, the commissioner shall require that the health maintenance organization:

(1) have an initial net worth of at least one million five hundred thousand dollars ($1,500,000); and

(2) maintain, after issuance of the certificate, at least the minimum net worth required under section 3 of this chapter.

IC 27-13-12-2

As added by P.L. 26-1994, SEC.25.