IC 27-13-25-2 — Appointment of commissioner as rehabilitator or liquidator; grounds
Chapter 25. Rehabilitation or Liquidation of Health Maintenance Organizations
Section text
Sec. 2. The commissioner may apply for an order appointing the commissioner as rehabilitator or liquidator to rehabilitate or liquidate a health maintenance organization: (1) upon at least one (1) of the grounds set forth in IC 27-9-3-1 or IC 27-9-3-6; or (2) when, in the commissioner's opinion, the continued operation of the health maintenance organization would be hazardous to the enrollees of the organization or the people of Indiana.
As added by P.L.26-1994, SEC.25.
Source: official publisher (2026 edition)