"Independent insurance producer" defined

Sec. 3. As used in this chapter, "independent insurance producer" means an insurance producer who: (1) represents an insurer in the sale of insurance as an independent contractor rather than as an employee; and (2) is not limited to representing: (A) one (1) insurer; or (B) several insurers that are under common management. As added by P.L.130-1994, SEC.37 and P.L.116-1994, SEC.48. Amended by P.L.178-2003, SEC.32.