TITLE 760 DEPARTMENT OF INSURANCE

Administrative Rules Oversight Committee Notice

One Year Requirement (IC 4-22-2-25)

LSA Document #07-144

Pursuant to IC 20-42.5-2-1, the Commissioner may adopt rules to create a registration system and set standards for the conduct of insurance trusts created by public school corporations. On February 28, 2007, the Department published a notice of intent to promulgate a rule. The Department has held several meetings with industry personnel and has circulated several draft rules after incorporating industry comments. However, the Department anticipates that it may not complete the rulemaking process within 1 year and is hereby tendering notice under IC 4-22-2-25. The Department published a proposed rule on October 17, 2007, and will hold a public hearing on November 29, 2007. In order to provide ample time to review comments received at the public hearing and for the appropriate review times, the Department expects to have the final rule approved by June 1, 2008.

If you have any questions or need any additional information I can be reached at 232-0143.

DIN: 20071114-IR-760070144ARA

Composed: May 04,2024 7:52:07PM EDT

A PDF version of this document.