Sec. 7. Such attorney shall, within the time limited for filing the annual statement by insurance companies transacting the same kind of business, make a report under oath to the insurance department for each calendar year showing the financial condition of affairs at the office where such contracts are issued and shall furnish such additional information and reports as may be required. The business affairs, records, and assets of any such organization shall be subject to examination by the insurance department at any reasonable time, and such examination shall be at the expense of the organization examined. Where the principal office of the attorney is located in another state, the insurance department may in lieu of the examination provided for in this section, accept a certified copy of the report of examination made by the insurance department of the state where the principal office is located.
Formerly: Acts 1919, c.102, s.7; Acts 1963, c.315, s.3; Acts 1967, c.232, s.6.
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