Insurance producer or broker license required for purchasing liability insurance from risk retention group.

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58-6A-19.4. Insurance producer or broker license required for purchasing liability insurance from risk retention group.

No person, firm, association, or corporation may act or aid in any manner in soliciting, negotiating, or procuring liability insurance in this state from a risk retention group unless the person, firm, association, or corporation is licensed as an insurance producer in accordance with Title 58.

Source: SL 1988, ch 392, §12; SL 2001, ch 286, §93.


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