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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 15. (a) A license issued or renewed under this chapter expires on July 1 after its issuance or renewal.
(b) A viatical settlement provider may renew a license by:
(1) applying for renewal on forms prescribed by the department; and
(2) paying the renewal fee.
(c) The department shall adopt rules under IC 4-22-2 to do the following:
(1) Set the renewal fee required by this section.
(2) Set a date before July 1 and before which receipt of a license renewal application can be processed without a lapse in the license.
(d) A viatical settlement provider that submits an application for renewal after the date set under subsection (c)(2):
(1) is not entitled to have the license renewed before July 1; and
(2) may not act as a viatical settlement provider until the department issues the license renewal, if the department is unable to process the renewal before July 1.
Cite this article: FindLaw.com - Indiana Code Title 27. Insurance § 27-8-19.8-15 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-27-insurance/in-code-sect-27-8-19-8-15/
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.
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