IC 27-1-25-16 — Presumption of control
Chapter 25. Insurance Administrators
Section text
Sec. 16. (a) A presumption of control arising under section 1(e) of this chapter may be rebutted by a showing made in the manner provided under IC 27-1-23-3(k) that control does not exist in fact. (b) In the absence of a presumption that control exists in fact, the commissioner may determine that control exists in fact after: (1) providing notice and an opportunity to be heard under IC 4-21.5 to all interested parties; and (2) making specific findings of fact to support the determination.
As added by P.L.160-2003, SEC.21.
Source: official publisher (2026 edition)