Section 760IAC1-12-21. Exemption from IC 27-2-10-3 of transactions by disinterested broker

   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, 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)