27-1-40-2. "United States branch"

IN Code § 27-1-40-2 (2019) (N/A)
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Sec. 2. As used in this chapter, "United States branch" means:

(1) an entity that is considered, for purposes of this chapter, to be a domestic company through which insurance business is transacted in the United States by an alien company; and

(2) the alien company's assets and liabilities that are attributable to the insurance business transacted in the United States.

As added by P.L.173-2007, SEC.20.