TITLE 33. INSURANCE AND INSURANCE COMPANIES

CHAPTER 11. LIABILITY RISK RETENTION AND PURCHASING GROUPS

Part 1. General Provisions

Duty Of Insurance Producers To Obtain License

33-11-123. Duty of insurance producers to obtain license. A person acting or offering to act as an insurance producer for a risk retention group or purchasing group that solicits members, sells insurance coverage, purchases coverage for its members located within the state, or otherwise does business in this state shall, before commencing such activity, obtain a license from the commissioner.

History: En. Sec. 12, Ch. 249, L. 1987; amd. Sec. 1, Ch. 713, L. 1989.