# Ind. Code § 27-1-12-3.5: Intangible assets attributable to investment in subsidiary; exceptions

> Indiana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12_S27-1-12-3.5

## Section

- **Citation:** Ind. Code § 27-1-12-3.5
- **Heading:** Intangible assets attributable to investment in subsidiary; exceptions
- **Jurisdiction:** Indiana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Indiana Code / Title 27 / Article 1 / Chapter 12 / Section 27-1-12-3.5

## Text

Sec. 3.5. Goodwill, trade names, and other like intangible assets attributable to any investment in a subsidiary shall be admitted as assets except:

(1) to the extent that the aggregate amount thereof exceeds ten percent (10%) of the capital and surplus of the insurer as reported in its latest annual report filed with the commissioner;

(2) to the extent that any such asset is not being amortized ratably over a period of ten (10) years or less from the date of acquisition; and

(3) in determining the financial condition or solvency of an insurer under IC 27-9.

As added by P.L.160-1986, SEC.1.

## Nearby sections

- [Ind. Code § 27-1-12-0.1 Application of certain amendments to chapter](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12_S27-1-12-0.1.md)
- [Ind. Code § 27-1-12-1 Particular rights, privileges, and powers](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12_S27-1-12-1.md)
- [Ind. Code § 27-1-12-2 Investments; categories, conditions, limitations, and standards](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12_S27-1-12-2.md)
- [Ind. Code § 27-1-12-2.1 Repealed](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12_S27-1-12-2.1.md)
- [Ind. Code § 27-1-12-2.2 Derivative transactions](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12_S27-1-12-2.2.md)
- [Ind. Code § 27-1-12-2.4 Participation in certain investment pools; requirements for pooling agreements](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12_S27-1-12-2.4.md)
- [Ind. Code § 27-1-12-2.5 Investments; assets of certain segregated investment accounts; limitations and exceptions](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12_S27-1-12-2.5.md)
- [Ind. Code § 27-1-12-3 Real estate](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12_S27-1-12-3.md)
- [Ind. Code § 27-1-12-3.5 Intangible assets attributable to investment in subsidiary; exceptions](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12_S27-1-12-3.5.md)
- [Ind. Code § 27-1-12-4 Valuation of bonds and securities](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12_S27-1-12-4.md)
- [Ind. Code § 27-1-12-5 Required provisions of policies between July 1, 1935, and transition date or January 1, 1948](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12_S27-1-12-5.md)
- [Ind. Code § 27-1-12-6 Required provisions of policies after transition date or January 1, 1948](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12_S27-1-12-6.md)
- [Ind. Code § 27-1-12-7 Required provisions relating to defaulting or surrendering policyholder](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12_S27-1-12-7.md)
- [Ind. Code § 27-1-12-8 Prohibited provisions](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12_S27-1-12-8.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12_S27-1-12-3.5. Check the current official text before relying on it. Not legal advice.