Indiana § 27-1-15.6-8 Nonresident producer license

Indiana Statutes

§ 27-1-15.6-8 — Nonresident producer license

Indiana § 27-1-15.6-8

Title 27INSURANCE

Art. 1DEPARTMENT OF INSURANCE

Ch. 15.6Insurance Producers

This text of Indiana § 27-1-15.6-8 (Nonresident producer license) 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 § 27-1-15.6-8 (2026).

Text

(a)Unless denied licensure under section 12 of this chapter, a nonresident person shall receive a nonresident producer license if:

(1)the person is currently licensed as a resident and in good standing in the person's home state;

(2)the person has submitted the proper request for licensure and has paid the fees required under section 32 of this chapter;

(3)the person has submitted or transmitted to the commissioner:

(A)the application for licensure that the person submitted to the person's home state; or

(B)a completed uniform application; and

(4)the person's home state awards non-resident producer licenses to residents of Indiana on the same basis as non-resident producer licenses are awarded to residents of other states under this chapter.

(b)The commissioner may verify a produce

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(a) Unless denied licensure under section 12
of this chapter, a nonresident person shall receive a nonresident
producer license if:
(1) the person is currently licensed as a resident and in good
standing in the person's home state;
(2) the person has submitted the proper request for licensure and
has paid the fees required under section 32 of this chapter;
(3) the person has submitted or transmitted to the commissioner:
(A) the application for licensure that the person submitted to
the person's home state; or
(B) a completed uniform application; and
(4) the person's home state awards non-resident producer licenses
to residents of Indiana on the same basis as non-resident producer
licenses are awarded to residents of other states under this
chapter.
(b) The commissioner may verify a producer's licensing status
through the centralized insurance producer license registry described
in section 7 of this chapter.
(c) A:
(1) person who holds an Indiana nonresident producer's license
and moves from one state to another state; or
(2) resident producer who moves from Indiana to another state;
shall file a change of address with the Indiana department of insurance
and provide certification from the new resident state not more than
thirty (30) days after the change of legal residence. No fee or license
application is required under this subsection.
(d) Notwithstanding any other provision of this chapter, a person
licensed as a surplus lines producer in the person's home state shall
receive a nonresident surplus lines producer license under subsection
(a). Except as provided in subsection (a), nothing in this section
otherwise amends or supercedes IC 27-1-15.8.
(e) Notwithstanding any other provision of this chapter, a person
who is not a resident of Indiana and who is licensed as a limited lines
credit insurance producer or another type of limited lines producer in
the person's home state shall, upon application, receive a nonresident
limited lines producer license under subsection (a) granting the same
scope of authority as is granted under the license issued by the person's
home state.
(f) Notwithstanding any other provision of this chapter, a
nonresident producer who receives a nonresident producer license
under this section shall maintain licensure in good standing in the
nonresident producer's home state.
(g) If a nonresident producer fails to maintain licensure in good
standing in the nonresident producer's home state, the commissioner
may:
(1) in the commissioner's sole discretion;
(2) without a hearing; and
(3) in addition to any other sanction allowed by law;
suspend any Indiana insurance producer license held by the nonresident
producer until the commissioner receives notice from the nonresident
producer's home state that the home state license is in effect.