Indiana Administrative Code (Last Updated: December 20, 2016) |
Title 760. DEPARTMENT OF INSURANCE |
Article 760IAC1. GENERAL PROVISIONS |
Rule 760IAC1-75. School Trusts |
Section 760IAC1-75-11. Withdrawal
Latest version.
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(a) A risk pool participant may withdraw from a risk pool under the following conditions:
(1) The risk pool participant has fulfilled any minimum time commitment required under the initial participation agreement.
(2) The risk pool participant provides written notice to the risk pool of its intent to withdraw.
(b) A risk pool may require a risk pool participant to provide written notice of withdrawal not more than ninety (90) days before the withdrawal date. (Department of Insurance; 760 IAC 1-75-11; filed Apr 14, 2008, 10:28 a.m.: 20080514-IR-760070144FRA; readopted filed Nov 17, 2014, 3:39 p.m.: 20141217-IR-760140197RFA)