Ind. Code § 27-1-15.6-32

Current through P.L. 171-2024
Section 27-1-15.6-32 - Fees for licensure
(a) The department shall adopt rules under IC 4-22-2 to set fees for licensure under this chapter, IC 27-1-15.7, and IC 27-1-15.8.
(b) Insurance producer and limited lines producer license renewal fees are due every two (2) years. The fee charged by the department every two (2) years for a:
(1) resident license is forty dollars ($40);
(2) nonresident license is ninety dollars ($90); and
(3) designated home state license is ninety dollars ($90).
(c) Consultant renewal fees are due every twenty-four (24) months.
(d) Surplus lines producer renewal fees are due every two (2) years. The fee charged by the department every two (2) years for a:
(1) resident license is eighty dollars ($80); and
(2) nonresident license is one hundred twenty dollars ($120).
(e) The commissioner may issue a duplicate license for any license issued under this chapter. The fee charged by the commissioner for the issuance of a duplicate:
(1) insurance producer license;
(2) surplus lines producer license;
(3) limited lines producer license; or
(4) consultant license;

may not exceed ten dollars ($10).

(f) A fee charged and collected under this section shall be deposited into the department of insurance fund established by IC 27-1-3-28.

IC 27-1-15.6-32

Amended by P.L. 146-2015, SEC. 23, eff. 7/1/2015.
As added by P.L. 132-2001, SEC.3. Amended by P.L. 173-2007, SEC.13; P.L. 234-2007, SEC.190.