Indiana § 27-6-9-13 Reinsurance intermediary-manager; requirements

Indiana Statutes

§ 27-6-9-13 — Reinsurance intermediary-manager; requirements

Indiana·Title 27 INSURANCE·Art. 6 REINSURANCE; INTERINSURANCE;·Ch. 9 Reinsurance Intermediaries

No person, firm, association, or corporation may act as a RM:

(1)for a reinsurer domiciled in this state, unless the RM is a licensed producer in this state;

(2)in this state, if the RM maintains an office either directly, or as a member or employee of a firm, limited liability company, or association, or as an officer, director, or employee of a corporation in this state, unless the RM is a licensed producer in this state;

(3)in another state for a nondomestic insurer, unless the RM is:

(A)a licensed producer in Indiana or another state having a law substantially similar to this chapter; or

(B)the person is licensed in this state as a nonresident reinsurance intermediary.

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No person, firm, association, or corporation
may act as a RM:
(1) for a reinsurer domiciled in this state, unless the RM is a
licensed producer in this state;
(2) in this state, if the RM maintains an office either directly, or
as a member or employee of a firm, limited liability company, or
association, or as an officer, director, or employee of a
corporation in this state, unless the RM is a licensed producer in
this state;
(3) in another state for a nondomestic insurer, unless the RM is:
(A) a licensed producer in Indiana or another state having a law
substantially similar to this chapter; or
(B) the person is licensed in this state as a nonresident
reinsurance intermediary.

Indiana § 27-6-9-13 (Reinsurance intermediary-manager; requirements) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.