§ 27-4-9-6 — Commissioner actions concerning compliance

(a) The commissioner may conduct an
investigation, pursue an enforcement action, and take other official
action that the commissioner considers appropriate to ensure
compliance with section 3 of this chapter.
(b) With regard to a variable annuity, the commissioner may:
(1) consult with the securities commissioner; and
(2) use the resources of the securities commissioner;
in making a final determination regarding any issue concerning
compliance with section 3 of this chapter.
(c) If the securities commissioner is informed of a violation or
suspected violation of section 3 of this chapter or other insurance laws
of the state, the securities commissioner shall timely advise the
commissioner of the violation or suspected violation.

Legislative History

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