No person, firm, association, or corporation may act as a RM:(1) for a reinsurer domiciled in this state, unless the RM is a licensed producer in this state;(2) in this state, if the RM maintains an office either directly, or as a member or employee of a firm, limited liability company, or association, or as an officer, director, or employee of a corporation in this state, unless the RM is a licensed producer in this state;(3) in another state for a nondomestic insurer, unless the RM is:(A) a licensed producer in Indiana or another state having a law substantially similar to this chapter; or(B) the person is licensed in this state as a nonresident reinsurance intermediary.As added by P.L.26-1991, SEC.26. Amended by P.L.8-1993, SEC.424.
Indiana Legal Code