Ind. Code § 28-14-3-11

Current through P.L. 171-2024
Section 28-14-3-11 - Acting as insurance producer for sale of annuity contract or life insurance policy
(a) Notwithstanding any other provision of this title, a corporate fiduciary may act as an insurance producer for the sale of any annuity contract or any life insurance policy issued by a life insurance company (as defined in IC 27-1-2-3) authorized to do business in Indiana under IC 27-1.
(b) A corporate fiduciary that acts as an agent for the sale of an annuity contract or a life insurance policy:
(1) is subject to all requirements of IC 27 relating to the sale and solicitation of insurance, including licensing as an insurance producer under IC 27-1-15.6; and
(2) must comply with the disclosure requirements under IC 27-1-38.

IC 28-14-3-11

As added by P.L. 262-1995, SEC.90. Amended by P.L. 215-1999, SEC.14; P.L. 132-2001, SEC.21; P.L. 130-2002, SEC.9; P.L. 178-2003, SEC.95.