27-17-9-4. Assets or Securities Not Subject to Levy
Sec. 4. Assets or securities held in Indiana as a deposit under this chapter are not subject to levy by a judgment creditor or other claimant, except the commissioner, against the discount medical card program organization. As added by P.L.73-2006, SEC.3.
27-17-9-1. Application; Exemption
Sec. 1. This chapter does not apply to a person that is exempt from registration under IC 27-17-2. As added by P.L.73-2006, SEC.3.
27-17-9-2. Surety Bond Requirements
Sec. 2. Except as provided in section 3 of this chapter, a discount medical card program organization shall maintain in force a surety bond issued: (1) by an insurer granted a certificate of authority under this title; (2) in the discount medical card organization’s name; and (3) in an amount equal to at least thirty-five […]
27-17-9-3. Option to Maintain a Deposit; Income
Sec. 3. (a) A discount medical card program organization may, instead of maintaining a surety bond under section 2 of this chapter, maintain a deposit with: (1) the commissioner; or (2) at the discretion of the commissioner, an organization or a trustee approved by the commissioner and using a custodial or controlled account; cash, securities, […]