Representing or placing insurance with unauthorized insurers prohibited

A.S.C.A. § 29.0403 — under Uniform Unauthorized Insurers Act.

A.S.C.A. § 29.0403

No person, corporation, association or partnership may, in this Territory, act as agent for any insurer not authorized to transact business in this Territory, or negotiate for or place or aid in placing insurance coverage in this Territory for another with any such insurer.

History: 1974, PL 13-58 § 1.