§431:8-202 Acting for or aiding unauthorized insurer prohibited. (a) No person shall directly or indirectly act as producer for, or otherwise represent or aid on behalf of another, any unauthorized insurer in the solicitation, negotiation, procurement, or effectuation of insurance, or renewals thereof, or forwarding of applications, or delivery of policies or contracts or inspection of risks, or fixing of rates, or investigation or adjustment of claims or losses, or collection or forwarding of premiums, or in any other manner represent or assist an unauthorized insurer in the transaction of an insurance business.
(b) This section does not apply to:
(1) Transactions for which a certificate of authority to do business is not required of an insurer under the insurance laws of this State; and
(2) The property and operation of aircraft engaged in interstate or foreign commerce. [L 1987, c 347, pt of §2; am L 1989, c 195, §20; am L 2002, c 155, §14; am L 2006, c 154, §4]
Section: Previous 431-7-308 431-7-309 431-7-310 431-7-311 431-8-101 431-8-102 431-8-201 431-8-202 431-8-203 431-8-204 431-8-205 431-8-206 431-8-207 431-8-208 431-8-209 NextLast modified: October 27, 2016