Sec. 52. (a) A notice by the commissioner to an insurer that may result in regulatory action under this chapter, if transmitted by registered or certified mail, is effective when the notice is put in the mail.

     (b) A transmission by the commissioner to an insurer under this chapter other than a notice described in subsection (a) is effective upon the insurer’s receipt of the transmission.

As added by P.L.186-1996, SEC.1.

Terms Used In Indiana Code 27-1-36-52

  • Commissioner: means the "insurance commissioner" of this state. See Indiana Code 27-1-2-3
  • insurer: includes :

    Indiana Code 27-1-36-9.6