Indiana Statutes
§ 28-5-1-6.5 — Sale of annuity contracts
Indiana § 28-5-1-6.5
This text of Indiana § 28-5-1-6.5 (Sale of annuity contracts) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 28-5-1-6.5 (2026).
Text
5.
(a)Notwithstanding any other provision of
this title, an industrial loan and investment company may act as an
insurance producer for the sale of any annuity contract issued by a life
insurance company (as defined in IC 27-1-2-3) authorized to do
business in Indiana under IC 27-1.
(b)An industrial loan and investment company that acts as an
insurance producer for the sale of an annuity contract:
(1)is subject to all requirements of IC 27 relating to the sale and
solicitation of insurance, including licensing as an insurance
producer under IC 27-1-15.6; and
(2)must comply with the disclosure requirements under IC 27-1-38.
(c)This section does not give power to, or otherwise affect the
power of, an industrial loan and investment company to act as an
insurance producer for the sale of
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Legislative History
As added by P.L.262-1995, SEC.65. Amended by P.L.132-2001,
SEC.20; P.L.130-2002, SEC.6; P.L.178-2003, SEC.91.
Nearby Sections
15
§ 28-1-1-1
Short title§ 28-1-1-2
Application of article§ 28-1-1-3
Definitions§ 28-1-1-3.5
Affiliate relationship§ 28-1-1-3.7
"Emancipated youth"§ 28-1-1-3.9
"Foster youth"§ 28-1-1-4
"Fund"§ 28-1-1-5
References to savings associations§ 28-1-1-6
"Depository financial institution"§ 28-1-1-7
"Qualified youth"§ 28-1-11-11
Safe deposits and escrowsCite This Page — Counsel Stack
Bluebook (online)
Indiana § 28-5-1-6.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-5-1-6.5.