§ 27-8-3-25 — Fees

Indiana § 27-8-3-25

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 8: LIFE, ACCIDENT, AND HEALTH
• Ch. 3: Mutual Life and Accident─Formation

Text

The fees to be paid by each such corporation,
association, or society to the insurance commissioner for the authority
to such corporation, association, or society, and its insurance producers
under the license granted by him to each corporation, association, or
society, to transact business in the state of Indiana shall be as follows:
For filing copy of charter or articles of incorporation, twenty-five
dollars ($25).
For filing each annual statement, twenty dollars ($20).
For issuing certificate of authority or license to company,
corporation, association or society, one dollar ($1).
For issuing license to each insurance producer, one dollar ($1).
For affixing seal and certifying to any paper, one dollar ($1).
For renewal of license, each such corporation, association, or
society shall file with the commissioner its annual statement, for
which it shall pay the sum of twenty dollars ($20).
For the privilege of transacting business in this state, a foreign or alien
company, association, or society, admitted and licensed under this
chapter, shall pay an annual tax upon premiums or assessments derived
from business written within this state, such tax to be as defined and
determined under IC 27-1-18-2, which is declared to be applicable in
its terms and provisions to such a company, association, or society;
provided also, that when any other state or country shall impose any
obligations in excess of those imposed by this chapter upon any such
corporation, association, or society of this state, a like obligation shall
be imposed on similar corporations and their agents of such state or
country doing business in this state; and provided also, that such
corporation, association, or society, in transacting business in this state,
shall be subject only to the provisions of this chapter.
Formerly: Acts 1897, c.195, s.25; Acts 1955, c.55, s.1. As
amended by P.L.252-1985, SEC.293; P.L.178-2003, SEC.59.