Michigan Compiled Laws § 500.1212 Persons Acting As Solicitors; Contract With Agent; License; Notice Of Appointment.

500.1212 Persons acting as solicitors; contract with agent; license; notice of appointment.

Sec. 1212.

(1) An agent may not appoint, employ or in any manner receive the benefit of business done or services rendered in this state by a person acting as a solicitor unless that person is so authorized to act by a written contract with the agent, he is licensed as a solicitor in accordance with this chapter, and the agent has notified the commissioner in writing of the appointment.

(2) A person who is licensed as a solicitor, within the lines of insurance permitted by the license, may act on behalf of a licensed agent if the agent has properly notified the commissioner of the appointment of that person as his solicitor.

History: Add. 1972, Act 133, Eff. Mar. 30, 1973
Popular Name: Act 218

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Last modified: October 10, 2016