Indiana § 27-1-25-16 Presumption of control

Indiana Statutes

§ 27-1-25-16 — Presumption of control

Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 25 Insurance Administrators

(a)A presumption of control arising under section 1(e) of this chapter may be rebutted by a showing made in the manner provided under IC 27-1-23-3(k) that control does not exist in fact.

(b)In the absence of a presumption that control exists in fact, the commissioner may determine that control exists in fact after:

(1)providing notice and an opportunity to be heard under IC 4-21.5 to all interested parties; and

(2)making specific findings of fact to support the determination.

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(a) A presumption of control arising under
section 1(e) of this chapter may be rebutted by a showing made in the
manner provided under IC 27-1-23-3(k) that control does not exist in
fact.
(b) In the absence of a presumption that control exists in fact, the
commissioner may determine that control exists in fact after:
(1) providing notice and an opportunity to be heard under IC 4-21.5 to all interested parties; and
(2) making specific findings of fact to support the determination.

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