31A-15-212. Duty of producers to obtain license -- Risk retention groups -- Purchasing groups.
(1) A person may do the following only if the person is licensed as an insurance producer or is exempt from licensure under: Chapter 23a, Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries solicit, negotiate, or procure liability insurance in this state from a risk retention group; solicit, negotiate, or procure liability insurance in this state for a purchasing group from an authorized insurer or a risk retention group; and solicit, negotiate, or procure liability insurance coverage in this state for any member of a purchasing group under a purchasing group's policy.
(2) A person may not act or aid in any manner in soliciting, negotiating, or procuring liability insurance in this state for a purchasing group from an authorized insurer or a risk retention group chartered in a state unless that person is licensed as an insurance producer, or is exempt from licensure under. Chapter 23a, Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries A person may not act or aid in any manner in soliciting, negotiating, or procuring liability insurance coverage in this state for any member of a purchasing group under a purchasing group's policy unless that person is licensed as an insurance producer, or is exempt from licensure under. Chapter 23a, Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries A person may not act or aid in any manner in soliciting, negotiating, or procuring liability insurance from an insurer not authorized to do business in this state on behalf of a purchasing group located in this state unless that person is licensed as a surplus lines producer or excess lines producer or is exempt from licensure under. Chapter 23a, Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries
(3) For purposes of acting as a producer for a risk retention group or purchasing group pursuant to Subsectionsand, the requirement of residence in this state does not apply. (1) (2)
(4) A person licensed pursuant to, on business placed with a risk retention group or written through a purchasing group, shall inform each prospective insured of the provisions of the notice required by Subsectionin the case of a purchasing group. Chapter 23a, Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries 31A-15-204(7)