Sec. 16. (a) A presumption of control arising under section 1(e) of this chapter may be rebutted by a showing made in the manner provided under IC 27-1-23-3(k) that control does not exist in fact.
(b) In the absence of a presumption that control exists in fact, the commissioner may determine that control exists in fact after:
(1) providing notice and an opportunity to be heard under IC 4-21.5 to all interested parties; and
(2) making specific findings of fact to support the determination.
As added by P.L.160-2003, SEC.21.
Structure Indiana Code
Article 1. Department of Insurance
Chapter 25. Insurance Administrators
27-1-25-3. Presumptions as to Payment of Premiums and Claims
27-1-25-5.5. Insurer Responsibilities
27-1-25-6. Fiduciary Status of Administrator; Fiduciary Accounts
27-1-25-8. Administrator Compensation
27-1-25-9. Delivery of Written Communications
27-1-25-10. Notice of Relationship; Statement of Premiums or Charges
27-1-25-12.3. Resident Administrator Annual Filings
27-1-25-12.4. Denial, Suspension, or Revocation of Administrator License
27-1-25-13. Public Documents; Confidentiality; Financial Information