§ 27-4-6-4 — Failure of unauthorized foreign or alien insurer to cease unlawful advertising after notice; action under Unfair Trade Practice Act

If after thirty (30) days following the giving of
the notice mentioned in section 3 of this chapter such insurer has failed
to cease making, issuing, or circulating such misrepresentations or
causing the same to be made, issued, or circulated in this state, and if
the commissioner has reason to believe that a proceeding by him in
respect to such matters would be to the interest of the public, and that
such insurer is issuing or delivering contracts of insurance to residents
of this state or collecting premiums on such contracts or doing any of
the acts enumerated in section 5 of this chapter, he shall take action
against such insurer under IC 27-4-1.
Formerly: Acts 1963, c.163, s.4. As amended by P.L.252-1985,
SEC.173.