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Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-64-224. Combination agent and broker licensing

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) A licensed agent may be licensed as a broker and be a broker as to insurers for which he or she is not then licensed as agent.

(b) A licensed broker may be licensed as and be an agent as to insurers appointing him or her as agent.

(c) The sole relationship between a broker and an insurer as to which he or she is then licensed as an agent, as to transactions arising during the existence of the agency appointment, shall be that of insurer and agent and not that of insurer and broker.

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Cite this article: FindLaw.com - Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-64-224. Combination agent and broker licensing - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-23-public-utilities-and-regulated-industries/ar-code-sect-23-64-224/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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