Section 631-A. License required.
(a) General rule.--Except as provided in subsection (b), no person shall engage in any activities requiring a manager or exclusive general agent license without being licensed as a manager or exclusive general agent by the department.
(b) Exceptions.--The following persons shall not be required to be licensed as a manager or exclusive general agent:
(1) A licensee whose authority is limited primarily to the production of insurance business with limited underwriting authority.
(2) A manager or exclusive general agent operating under a management contract or exclusive general agency agreement entered into prior to December 22, 1965.
(3) A person subject to regulation as a managing general agent under Article VIII.
(c) Penalty.--A person that violates subsection (a) commits a misdemeanor of the third degree and, upon conviction, shall be sentenced to pay a fine not exceeding $1,000 for each day of operation without a license.
(631-A added Dec. 6, 2002, P.L.1183, No.147)