Sec. 13. No person, firm, association, or corporation may act as a RM:
(1) for a reinsurer domiciled in this state, unless the RM is a licensed producer in this state;
(2) in this state, if the RM maintains an office either directly, or as a member or employee of a firm, limited liability company, or association, or as an officer, director, or employee of a corporation in this state, unless the RM is a licensed producer in this state;
(3) in another state for a nondomestic insurer, unless the RM is:
(A) a licensed producer in Indiana or another state having a law substantially similar to this chapter; or
(B) the person is licensed in this state as a nonresident reinsurance intermediary.
As added by P.L.26-1991, SEC.26. Amended by P.L.8-1993, SEC.424.
Structure Indiana Code
Article 6. Reinsurance; Interinsurance; Reciprocal Insurance
Chapter 9. Reinsurance Intermediaries
27-6-9-6. Reinsurance Intermediary
27-6-9-7. Reinsurance Intermediary-Broker
27-6-9-8. Reinsurance Intermediary-Manager
27-6-9-11. "Qualified United States Financial Institution"
27-6-9-12. Reinsurance Intermediary-Broker; Requirements
27-6-9-13. Reinsurance Intermediary-Manager; Requirements
27-6-9-14. Bond; Errors and Omissions Policy
27-6-9-15. Reinsurance Intermediary License; Issuance; Application; Authority to Act; Nonresidents
27-6-9-16. Refusal to Issue License; Conditions; Summary
27-6-9-17. Attorneys; Exemptions
27-6-9-19. Record of Transactions; Contents; Insurer Access
27-6-9-24. Examination by Commissioner; Access to Records
27-6-9-25. Violations; Penalties; Review; Effect on Third Parties
27-6-9-26. Rules for Implementation and Administration of Chapter