§ 27-1-27-3 — Certificates of authority; issuance; prerequisites

Indiana § 27-1-27-3

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 1: DEPARTMENT OF INSURANCE
• Ch. 27: Public Adjusters

Text

(a) The commissioner of insurance shall issue
resident and nonresident public adjusters' certificates of authority to
each person who:
(1) has complied with the requirements of this chapter, including
the payment of fees, the completion of the examination, and, in
the case of a nonresident applicant, the service of process
designation;
(2) is at least eighteen (18) years of age; and
(3) has not been convicted of:
(A) an act which would constitute a ground for disciplinary
sanction under section 7.1 of this chapter; or
(B) a felony that has a direct bearing on his ability to practice
competently.
A certificate of authority may be issued to a corporation that has one
(1) or more officers, directors, or employees who have been issued
public adjusters' certificates of authority. However, a corporation may
practice public adjusting only through its officers, directors, or
employees who have been issued certificates under this chapter.
(b) The commissioner of insurance may issue a resident certificate
of authority only to an applicant who is a bona fide resident of Indiana.
(c) The commissioner may issue a nonresident certificate of
authority only to a nonresident of Indiana who holds an equivalent
resident certificate of authority or a license issued under the laws of
any other state, any territorial possession of the United States, or any
foreign country.

Legislative History

As added by P.L.257-1983, SEC.1. Amended by P.L.146-2015, SEC.25.