Sec. 18. When the provisions of sections 2 through 17 of this chapter have been complied with, and the department has made an investigation and examination as required in section 17 of this chapter, then the commissioner may issue a certificate of authority under IC 27-1-3-20, which shall license the company to transact only the kind or kinds of insurance specified in its articles of incorporation. The company shall file a certified copy of such certificate of authority for record with the county recorder of the county where the principal office is located, which certified copy shall be evidence only that the company is authorized and licensed to transact the class or classes of insurance set out in the certificate of authority.
Formerly: Acts 1935, c.162, s.77. As amended by Acts 1977, P.L.283, SEC.1; P.L.136-2018, SEC.147.
Structure Indiana Code
Article 1. Department of Insurance
Chapter 6. Formation of Domestic Companies
27-1-6-1. Authority to Incorporate; Excluded Kinds of Insurance
27-1-6-2. Applicable Rights, Powers, Privileges, Duties, Obligations, and Liabilities
27-1-6-3. Names; Required and Prohibited Words; Similarity of Names; Change of Name
27-1-6-4. Articles of Incorporation; Contents
27-1-6-5. Publication of Notice of Intention to Organize
27-1-6-6. Articles of Incorporation; Form; Execution
27-1-6-7. Articles of Incorporation; Submission to Department; Proof of Publication
27-1-6-8. Articles of Incorporation; Approval or Disapproval by Department
27-1-6-9. Articles of Incorporation; Submission to Attorney General
27-1-6-10. Articles of Incorporation; Submission to Secretary of State; Filing
27-1-6-12. Commencement of Corporate Existence; Powers
27-1-6-13. Requirements for Commencing Business or Incurring Indebtedness; Liability for Violations
27-1-6-14. Stock Companies; Capital Stock and Surplus Requirements
27-1-6-15. Mutual Companies; Initial Subscriptions and Premiums; Deposits; Surplus
27-1-6-16. Extension of Charter Powers and Licenses; Limitation of Actions
27-1-6-18. Certificate of Authority; Issuance; Recording