Sec. 8.2. (a) Unless denied licensure under section 12 of this chapter, a person that is not a resident of Indiana shall receive a designated home state license if:
(1) the person has requested licensure in Indiana for a line of authority for which licensure is not required in the person's home state;
(2) the person has submitted the proper request for licensure and has paid the fees required under section 32 of this chapter;
(3) the person has submitted or transmitted to the commissioner a completed uniform application; and
(4) the person has complied with the prelicensing and continuing education requirements that apply to an insurance producer that:
(A) is a resident of Indiana; and
(B) applies for the line of authority described in subdivision (1).
(b) The commissioner may verify an insurance producer's licensing status through the centralized insurance producer license registry described in section 7 of this chapter.
(c) A person that holds a designated home state license and moves from one state to another state shall file a change of address with the department and provide certification from the new resident state not more than thirty (30) days after the change of legal residence. No fee or license application is required under this subsection.
(d) A person that:
(1) holds a designated home state license; and
(2) becomes a resident of a state that requires licensure for the line of authority for which the person holds the designated home state license;
shall become licensed for the line of authority in the new state of residence and notify the commissioner of the new licensure.
(e) Upon receiving notice of new licensure under subsection (d), the commissioner shall transfer the person's designated home state license to a nonresident producer license under section 8 of this chapter.
As added by P.L.146-2015, SEC.22. Amended by P.L.124-2018, SEC.37.
Structure Indiana Code
Article 1. Department of Insurance
Chapter 15.6. Insurance Producers
27-1-15.6-1. Applicability of Chapter
27-1-15.6-3. Required Licensing
27-1-15.6-4. Insurance Producer License; When Not Required
27-1-15.6-5. Licensing Examination
27-1-15.6-6. Application for Resident Insurance Producer
27-1-15.6-7. Insurance Producer Licenses; Qualifications; Expiration; Renewal; Registry
27-1-15.6-7.3. Insurance Producer Frameable Certificates
27-1-15.6-8. Nonresident Producer License
27-1-15.6-8.2. Designated Home State License
27-1-15.6-9. Prelicensing Education; Exemptions
27-1-15.6-10. Use of Assumed Name
27-1-15.6-11. Temporary Insurance Producer License
27-1-15.6-13. No Consideration Given to Unlicensed Sellers
27-1-15.6-14. Insurance Producer Acting as Agent of Insurer
27-1-15.6-15. Notification of Termination
27-1-15.6-16. Nonresident License Applicant With License From Other State
27-1-15.6-17. Reports of Administrative Actions or Criminal Prosecutions Against Producers
27-1-15.6-18. Issuance of Limited Lines Producer's License Without Examination
27-1-15.6-19. Prearranged Funeral Insurance
27-1-15.6-19.5. Annuities; Insurance Producer Qualifications and Training
27-1-15.6-19.9. Travel Insurance; Limited Lines Travel Insurance Producer License; Requirements
27-1-15.6-20. Crop Hail Insurance
27-1-15.6-21. Service of Process
27-1-15.6-22. Compensation; Restrictions
27-1-15.6-23. Insurance Consultant License
27-1-15.6-24. Commercial Property and Casualty Insurance
27-1-15.6-24.1. Personal Property and Casualty Fees
27-1-15.6-25. Representation of a Fraternal Benefit Society
27-1-15.6-26. Limited Lines Producer
27-1-15.6-27. Solicitor's License
27-1-15.6-28. Suspension of License
27-1-15.6-29.5. Determination of Suspension or Revocation of License
27-1-15.6-30. Authority to Enforce Compliance
27-1-15.6-31. Producers Not to Be Named as Beneficiaries