Sec. 13. The department may not issue a license to an applicant who is not an Indiana resident unless the applicant does either of the following:

(1) Files and maintains with the department a written designation of an agent for service of process.

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Terms Used In Indiana Code 27-8-19.8-13

  • applicant: refers to a person that applies for a viatical settlement provider license under this chapter. See Indiana Code 27-8-19.8-1
  • department: refers to the department of insurance. See Indiana Code 27-8-19.8-2
  • Service of process: The service of writs or summonses to the appropriate party.
(2) Files with the department the applicant’s written irrevocable consent that any action against the applicant may be begun against the applicant by the service of process on the department.

As added by P.L.130-1994, SEC.47 and P.L.116-1994, SEC.70.