Maine Revised Statutes Title 24-A Sec. 2014 – Producer with surplus lines authority may compensate another producer
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Terms Used In Maine Revised Statutes Title 24-A Sec. 2014
- Producer: means a producer with surplus lines authority duly licensed as such under this chapter. See Maine Revised Statutes Title 24-A Sec. 2003
A licensed producer with surplus lines authority may accept and place surplus line business for any insurance producer licensed in this State for the kind of insurance involved, and may compensate the producer for the business. [PL 1997, c. 592, §60 (AMD).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW). PL 1997, c. 592, §60 (AMD). RR 2015, c. 2, §13 (COR).