Indiana Statutes

§ 27-10-4-1 — Financial interest in agencies; services during period of license suspension or revocation

Indiana·Title 27 INSURANCE·Art. 10 INDIANA BAIL LAW·Ch. 4 Prohibited Activities
(a)No person may possess a financial interest in, be employed by, have an agency relationship with, or perform any services for a bail bond agency or insurer during the period of license suspension or revocation. No licensee under this article may accept any services from a person during the period of that person's license suspension or revocation.
(b)The commissioner shall immediately suspend under IC 27-10-3-8(a) an agent, agency, or insurer who violates this section.
(c)A person who knowingly or intentionally violates this section commits a Class B misdemeanor.

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Legislative History

As added by P.L.261-1985, SEC.1. Amended by P.L.29-1987, SEC.6; P.L.355-1989(ss), SEC.6.

Nearby Sections

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