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IN HB1094
Bill
Status
Introduced
1/9/2014
Primary Sponsor
Robert Heaton
Click for details
AI Summary
- Allows a key employee insured under an employer group life insurance policy to name the employer as a beneficiary.
- Amends Indiana Code 27-1-12-37 to permit employer designation as beneficiary only for key employees as defined by 26 U.S.C. 79(d)(6).
- Becomes effective upon passage.
- Declares an emergency for the act.
Legislative Description
Group life insurance beneficiary.
Last Action
First Reading: Referred to Insurance
1/9/2014
Committee Referrals
Insurance1/9/2014
Full Bill Text
No bill text available