Indiana § 27-1-23-11 Denial, suspension, or revocation of license or authority to do business

Indiana Statutes

§ 27-1-23-11 — Denial, suspension, or revocation of license or authority to do business

Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 23 Regulation of Insurance Holding Company Systems

Whenever it appears to the commissioner
that any person has committed a violation of this chapter which makes
the continued operation of an insurer contrary to the interests of
policyholders or the public, the commissioner may, after giving notice
and an opportunity to be heard, determine to suspend, revoke or refuse
to renew such insurer's license or authority to do business in this state
for such period as he finds is required for the protection of
policyholders or the public.
Formerly: Acts 1971, P.L.387, SEC.1.

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Whenever it appears to the commissioner
that any person has committed a violation of this chapter which makes
the continued operation of an insurer contrary to the interests of
policyholders or the public, the commissioner may, after giving notice
and an opportunity to be heard, determine to suspend, revoke or refuse
to renew such insurer's license or authority to do business in this state
for such period as he finds is required for the protection of
policyholders or the public.
Formerly: Acts 1971, P.L.387, SEC.1.

Indiana § 27-1-23-11 (Denial, suspension, or revocation of license or authority to do business) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.