Indiana Code 27-1-15.6-29.5. Determination of suspension or revocation of license

Sec. 29.5. If the commissioner receives a copy of a final order from the securities commissioner under IC 23-19-6-4(h), the commissioner shall:

(1) determine whether the person who is the subject of the final order is licensed by the department under this chapter; and

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Commissioner: means the "insurance commissioner" of this state. See Indiana Code 27-1-2-3
Department: means "the department of insurance" of this state. See Indiana Code 27-1-2-3
person: includes individuals, corporations, associations, and partnerships; personal pronoun includes all genders; the singular includes the plural and the plural includes the singular. See Indiana Code 27-1-2-3

(2) if the person is licensed under this chapter, institute proceedings to determine whether the person’s license should be suspended or revoked.

The determination under subdivision (2) may be based solely on the final order by the securities commissioner.

As added by P.L.48-2006, SEC.10. Amended by P.L.27-2007, SEC.27.