The commissioner of insurance may suspend or revoke the license of any producer issuing or purporting to issue any binder on behalf of any insurer for which he is not then authorized to bind.
R.S. 22:1555 active rs title
Liability of producers on binder ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1958, No. 125
- amendment Acts 2011, No. 94, §1, eff. Jan. 1, 2012