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Ind. Code § 27-13-12-2

Initial minimum net worth

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

Sec. 2. 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.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.