Scope of license

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    (a)    A license issued to an individual authorizes the individual to act as a reinsurance intermediary.

    (b)    A license issued to a firm or association authorizes each member of the firm or association, and each employee of the firm or association who is listed on the license, to act as a reinsurance intermediary.

    (c)    A license issued to a corporation authorizes each officer of the corporation, and each employee or director of the corporation who is listed on the license, to act as a reinsurance intermediary.


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