Sec. 10. The commissioner shall have power:
(1) to revoke or suspend the authority to do business in this state of any company which refuses to permit an examination under IC 27-1-3.1; and
(2) to revoke or suspend any certificate of authority when any condition prescribed by law for granting it no longer exists.
Formerly: Acts 1935, c.162, s.17. As amended by P.L.26-1991, SEC.3.