Indiana Statutes

§ 27-1-15.6-13 — No consideration given to unlicensed sellers

Indiana § 27-1-15.6-13
JurisdictionIndiana
Title 27INSURANCE
Art. 1DEPARTMENT OF INSURANCE
Ch. 15.6Insurance Producers

This text of Indiana § 27-1-15.6-13 (No consideration given to unlicensed sellers) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 27-1-15.6-13 (2026).

Text

(a)An insurance company or insurance producer shall not pay a commission, service fee, brokerage fee, or other valuable consideration to a person for selling, soliciting, or negotiating insurance in Indiana if the person is required to be licensed under this chapter and is not licensed.
(b)A person shall not accept a commission, service fee, brokerage fee, or other valuable consideration for selling, soliciting, or negotiating insurance in Indiana if the person is required to be licensed under this chapter and is not licensed.
(c)Renewal commissions or other deferred commissions may be paid to a person for selling, soliciting, or negotiating insurance in Indiana if the person was required to be licensed under this chapter and was licensed at the time of the sale, solicitation, or negoti

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Legislative History

As added by P.L.132-2001, SEC.3.

Nearby Sections

15
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Bluebook (online)
Indiana § 27-1-15.6-13, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-1-15.6-13.