Current through P.L. 171-2024
Section 27-8-19.8-11 - Investigation of applicant; issuance of licenseThe department shall investigate an applicant and issue a license to the applicant if the department finds all of the following:
(1) The applicant is competent and trustworthy and intends to act in good faith as a viatical settlement provider.(2) The applicant has a good business reputation.(3) The applicant has had the experience, training, or education to qualify the applicant as a viatical settlement provider.(4) If the applicant is a corporation, or limited liability corporation, it is either: (A) incorporated under Indiana law; or(B) authorized to do business in Indiana.As added by P.L. 130-1994, SEC.47 and P.L. 116-1994, SEC.70. Amended by P.L. 32-1998, SEC.15.