Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-058 - PLACEMENT OF PROPERTY AND CASUALTY INSURANCE ON A BROKERAGE BASIS
Section 482-1-058-.04 - Producer On "Account Current Basis" With Insurers

Universal Citation: AL Admin Code R 482-1-058-.04
Current through Register Vol. 42, No. 5, February 29, 2024

Any producer operating on an "account current basis" or any other type of credit arrangement with an insurer or a general agent of an insurer must be appointed as a producer to represent that insurer if he or she submits more than 10 policies to the insurer or general agent in any one calendar month.

Author: Commissioner of Insurance

Statutory Authority: Code of Ala. 1975, § 27-2-17.

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