Sec. 10. An attorney who exchanges a contract of insurance of the kind and character specified in this chapter, or solicits or negotiates any application for such a contract, without complying with this chapter, commits a Class C infraction. For the purpose of organization and upon issuance of permit by the insurance department, powers of attorney and applications for such contracts may be solicited without compliance with this chapter, but a person may not make or issue any such contracts until this chapter is complied with.
Formerly: Acts 1919, c.102, s.10; Acts 1967, c.232, s.8. As amended by Acts 1978, P.L.2, SEC.2722.
Structure Indiana Code
Article 6. Reinsurance; Interinsurance; Reciprocal Insurance
27-6-6-2. Execution of Contracts; Attorneys; Location of Office of Attorney
27-6-6-3. Declaration of Subscribers
27-6-6-4. Instrument Authorizing Service of Process on Subscriber's Agent; Procedure for Service
27-6-6-5. Statement of Maximum Amount of Single Fire Insurance Risk; Limitation on Amount Assumed
27-6-6-7. Annual Financial Report; Examination; Acceptance of Examination of Another State
27-6-6-8. Right of Domestic Corporation to Exchange Contracts
27-6-6-9. Certificate of Authority
27-6-6-11. Refusal, Suspension, or Revocation of Certificate of Authority
27-6-6-13. Terms Inserted in Policy; Conformity to State Law
27-6-6-14. Application of State Insurance Law
27-6-6-15. Loans or Advances; Purposes; Repayment; Approval; Interest Rate; Restrictions