Indiana § 27-8-4-12 Rules; order for compliance

Indiana Statutes

§ 27-8-4-12 — Rules; order for compliance

Indiana § 27-8-4-12

Title 27INSURANCE

Art. 8LIFE, ACCIDENT, AND HEALTH

Ch. 4Credit Life and Credit Accident and Health Insurance

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Bluebook

Ind. Code § 27-8-4-12 (2026).

Text

The commissioner may, after notice and
hearing, issue such rules as he deems appropriate for the supervision
of this chapter. Whenever the commissioner finds that there has been
a violation of this chapter or any rules issued pursuant to this chapter
and after written notice thereof and hearing given to the insurer or other
person authorized or licensed by the commissioner, he shall set forth
the details of his findings together with an order for compliance by a
specified date. Such order shall be binding on the insurer and other
person authorized or licensed by the commissioner on the date
specified unless sooner withdrawn by the commissioner or a stay
thereof has been ordered by a court of competent jurisdiction. The
provisions of sections 5, 6, 7, and 8 of this chapter shall not be
oper

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The commissioner may, after notice and
hearing, issue such rules as he deems appropriate for the supervision
of this chapter. Whenever the commissioner finds that there has been
a violation of this chapter or any rules issued pursuant to this chapter
and after written notice thereof and hearing given to the insurer or other
person authorized or licensed by the commissioner, he shall set forth
the details of his findings together with an order for compliance by a
specified date. Such order shall be binding on the insurer and other
person authorized or licensed by the commissioner on the date
specified unless sooner withdrawn by the commissioner or a stay
thereof has been ordered by a court of competent jurisdiction. The
provisions of sections 5, 6, 7, and 8 of this chapter shall not be
operative until October 4, 1961, and the commissioner in his discretion
may extend until not later than January 2, 1962, the initial period
within which the provisions of sections 5, 6, 7, and 8 shall not be
operative.
Formerly: Acts 1961, c.47, s.12. As amended by P.L.252-1985,
SEC.300.