Indiana § 27-10-3-12 Deposits in accounts of insurers or agents; reports

Indiana Statutes

§ 27-10-3-12 — Deposits in accounts of insurers or agents; reports

Indiana § 27-10-3-12

Title 27INSURANCE

Art. 10INDIANA BAIL LAW

Ch. 3Licensure and Registration

This text of Indiana § 27-10-3-12 (Deposits in accounts of insurers or agents; reports) 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 § 27-10-3-12 (2026).

Text

All insurers or general agents requiring bail
bond agents to post deposits pursuant to their bail bond writing
authority must maintain those deposits in a bank, savings association,
or credit union in this state. Each insurer or general agent shall report
to the commissioner the location of each agent's account at the time of
the agent's license issuance or renewal. Any change in the location of
an agent's account shall be reported by the insurer or general agent to
the commissioner within thirty (30) days of the change of location.

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All insurers or general agents requiring bail
bond agents to post deposits pursuant to their bail bond writing
authority must maintain those deposits in a bank, savings association,
or credit union in this state. Each insurer or general agent shall report
to the commissioner the location of each agent's account at the time of
the agent's license issuance or renewal. Any change in the location of
an agent's account shall be reported by the insurer or general agent to
the commissioner within thirty (30) days of the change of location.