Ind. Code § 27-1-16.1-15
Violations
Indiana · Indiana Code Title 27 — Insurance · Status: effective
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- Ind. Code § 27-1-16.1-15, Violations, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1661912
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Full text
Sec. 15.
(a) This section supplements and does not limit the actions that may be taken by the commissioner for a violation under IC 27-1-15.6.
(b) If a self-storage facility or an employee or authorized representative of a self-storage facility violates this chapter, the commissioner may do any of the following:
(1) After notice and hearing, impose on the self-storage facility a civil penalty of at least fifty dollars ($50) and not more than ten thousand dollars ($10,000).
(2) After notice and hearing, impose other penalties that the commissioner considers necessary and reasonable, including:
(A) suspending the privilege of transacting self-storage insurance under this chapter at specific self-storage facility locations where violations have occurred; and
(B) suspending or revoking the ability of an individual employee or authorized representative to act under the self-storage facility's limited lines producer's license.