Authority: IC 27-1-3-7

Affected: IC 27-2-10-3

Sec. 21. Regulations under Section 3 [ IC 27-2-10-3] of the Act. Exemption of Certain Securities from Section 3 [ IC 27-2-10-3] of the Act. Any security shall be exempt from the operation of Section 3 [ IC 27-2-10-3] of the Act to the extent necessary to render lawful under such Section the execution by a broker of an order for an account in which he has no direct or indirect interest.

(Department of Insurance; Reg 12,IV, Sec 3-1; filed Jun 7, 1966, 9:00 am: Rules and Regs. 1967, p. 112; filed Jan 6, 1970, 8:40 am: Rules and Regs. 1971, p. 180; readopted filed Sep 14, 2001, 12:22 p.m.: 25 IR 531; readopted filed Nov 27, 2007, 4:01 p.m.: 20071226-IR-760070717RFA; readopted filed Nov 26, 2013, 3:43 p.m.: 20131225-IR-760130479RFA; readopted filed Nov 19, 2019, 9:18 a.m.: 20191218-IR-760190497RFA; readopted filed Oct 22, 2025, 3:17 p.m.: 20251119-IR-760240637RFA)