§ 27-1-15.6-28 — Suspension of license

Indiana § 27-1-15.6-28

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 1: DEPARTMENT OF INSURANCE
• Ch. 15.6: Insurance Producers

Text

(a) Upon receiving an order of a court
issued under IC 31-16-12-10 (or IC 31-1-11.5-13(m), IC 31-6-6.1-16(m), or IC 31-14-12-7 before their repeal), the
commissioner shall:
(1) suspend a license issued under this chapter to the person who
is the subject of the order; and
(2) promptly mail a notice to the last known address of the person
who is the subject of the order, stating the following:
(A) That the person's license is suspended beginning five (5)
business days after the date the notice is mailed, and that the
suspension will terminate not earlier than ten (10) business days
after the commissioner receives an order allowing reinstatement
from the court that issued the suspension order.
(B) That the person has the right to petition for reinstatement of
a license issued under this chapter to the court that issued the
order for suspension.
(b) The commissioner shall not reinstate a license suspended under
subsection (a) until the commissioner receives an order allowing
reinstatement from the court that issued the order for suspension.

Legislative History

As added by P.L.132-2001, SEC.3. Amended by P.L.207-2013, SEC.13.