Indiana Statutes

§ 27-4-9-5 — Violations

Indiana·Title 27 INSURANCE·Art. 4 UNFAIR COMPETITION; UNAUTHORIZED·Ch. 9 Recommendations to Senior Consumers
(a)Except as provided in subsection (b), a recommendation made in violation of section 3 of this chapter is an unfair method of competition or an unfair and deceptive act or practice under IC 27-4-1-4.
(b)A recommendation made in violation of section 3 of this chapter is not an unfair method of competition or an unfair and deceptive act or practice under IC 27-4-1-4 if the recommendation is made in compliance with the National Association of Securities Dealers Conduct Rules concerning suitability, as determined by the commissioner.

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Legislative History

As added by P.L.138-2005, SEC.2.

Nearby Sections

15
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