Skip to main content
Find a Lawyer

Indiana Code Title 27. Insurance § 27-6-9-16

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 16.  (a) The commissioner may refuse to issue a reinsurance intermediary license if, in the commissioner's judgment:

(1) the applicant, anyone named on the application, or any member, principal, officer, or director of the applicant, is not trustworthy;

(2) any controlling person of the applicant is not trustworthy to act as a reinsurance intermediary;  or

(3) any of the foregoing has given cause for revocation or suspension of such license, or has failed to comply with any prerequisite for the issuance of such license.

(b) Upon written request therefor, the commissioner shall furnish a summary of the basis for refusal to issue a license.  A summary furnished under this subsection is declared confidential for the purposes of IC 5-14-3-4(a)(1) and is not subject to inspection and copying as a public record.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Indiana Code Title 27. Insurance § 27-6-9-16 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-27-insurance/in-code-sect-27-6-9-16/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard