{"data":{"id":"us-in/ic-27-1-38-10","jurisdiction":"us-in","citation":"IC 27-1-38-10","heading":"Acknowledgment of receipt of required disclosure","body":"Sec. 10. (a) A depository institution that solicits, sells, advertises, or offers insurance, a depository institution's affiliate that solicits, sells, advertises, or offers insurance, or a person that sells, solicits, advertises, or offers insurance on behalf of a depository institution shall obtain from a customer to whom a disclosure is made under section 9 of this chapter a written acknowledgment of receipt of the disclosure:\n(1) when the customer receives the disclosure; or\n(2) at the time of the initial purchase of the insurance.\n(b) If a solicitation for insurance is conducted by telephone, the depository institution, the affiliate of a depository institution, or the person that sells, solicits, advertises, or offers insurance on behalf of a depository institution shall:\n(1) obtain an oral acknowledgment of receipt of the disclosure;\n(2) maintain documentation to show that the acknowledgment was given by the customer; and\n(3) make reasonable efforts to obtain a written acknowledgment from the customer.","path":["TITLE 27. INSURANCE","ARTICLE 1. DEPARTMENT OF INSURANCE","Chapter 38. Regulation of Depository Institutions"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-1-38-10","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"c8b28b65e5009cbedf9362b0895bed68d58115498666e5005f8e57534021736e","source_id":"us-in","stale":false,"prev":"us-in/ic-27-1-38-9","next":"us-in/ic-27-1-38-11"},"notice":"GroundRules: Original legal text. Not legal advice."}