Indiana Code Title 30. Trusts and Fiduciaries § 30-2-13-27

Sec. 27.  Each seller of a prepaid contract under this chapter shall pay to the board on a form provided by it not later than March 1 of each year from money not deposited in a trust or escrow the following amounts for each contract written during the preceding calendar year:

However, no fee is due and payable on contracts funded with a previously issued life insurance policy.  The payment may be charged to the purchaser or, at the option of the seller, paid by the seller.  A trustee shall quarterly report to the board all payments received by the trustee from all sellers during the preceding quarter.  The report must identify the name and address of each seller from whom the trustee received payments and the total amount of the payments.  The payments are administered under section 28 of this chapter.