Section 27-4-9-6 - Commissioner actions concerning compliance(a) The commissioner may conduct an investigation, pursue an enforcement action, and take other official action that the commissioner considers appropriate to ensure compliance with section 3 of this chapter.(b) With regard to a variable annuity, the commissioner may:(1) consult with the securities commissioner; and(2) use the resources of the securities commissioner; in making a final determination regarding any issue concerning compliance with section 3 of this chapter.
(c) If the securities commissioner is informed of a violation or suspected violation of section 3 of this chapter or other insurance laws of the state, the securities commissioner shall timely advise the commissioner of the violation or suspected violation.As added by P.L. 138-2005, SEC.2.