CHAPTER 11. INVESTMENTS

IC 27-13-11
    Chapter 11. Investments

IC 27-13-11-1
Permitted investments
    Sec. 1. Except for investments under IC 27-13-4-1(a)(1), the fundsof a health maintenance organization or limited service healthmaintenance organization may be invested only as follows:
        (1) The funds of a health maintenance organization or limitedservice health maintenance organization that is domiciled inIndiana may be invested only in the types of securities and otherinvestments in which investment is authorized underIC 27-1-13-3.
        (2) The funds of a foreign corporation (as defined inIC 27-1-2-3) that obtains a certificate of authority to operate ahealth maintenance organization under IC 27-13-2-3 or alimited service health maintenance organization underIC 27-13-34-9 may be invested only in the types of securitiesand other investments in which investment is authorized:
            (A) under the law of the state in which the foreigncorporation is domiciled, if that law is acceptable to thecommissioner; or
            (B) under IC 27-1-13-3, if the law of the state in which theforeign corporation is domiciled is silent or if the law of thatstate is not acceptable to the commissioner.
As added by P.L.26-1994, SEC.25.