(1) Within fifteen (15) days of the occurrence of any one (1) of the following events, a licensee shall file a written report with the commissioner describing the event and its expected impact on the activities of the licensee in this state:(1) The filing for bankruptcy or reorganization by the licensee;(2) The institution of revocation or suspension proceedings against the licensee by any state or governmental authority;(3) The denial of the opportunity to engage in business by any state or governmental authority;(4) Any felony indictment of the licensee or any of its officers, directors or principals;(5) Any felony conviction of the licensee or any of its officers, directors or principals; and(6) Other events that the commissioner may determine and identify by rule.
(1) The filing for bankruptcy or reorganization by the licensee;
(2) The institution of revocation or suspension proceedings against the licensee by any state or governmental authority;
(3) The denial of the opportunity to engage in business by any state or governmental authority;
(4) Any felony indictment of the licensee or any of its officers, directors or principals;
(5) Any felony conviction of the licensee or any of its officers, directors or principals; and
(6) Other events that the commissioner may determine and identify by rule.