FOREIGN INSURANCE COMPANIES AND THEIR AGENTS
Licenses for Agents of Foreign Companies
405:17-c Insurance Referrals.
Notwithstanding other provisions of this title, a person who has not complied with all applicable state insurance licensing and appointment laws and regulations may refer a party to a person who has complied with all applicable state insurance licensing and appointment laws and regulations, if the person making such referral is compensated for such referral in an amount that does not exceed a nominal amount and such amount is not based on or related to the party's purchase of insurance.
Source. 2000, 313:2, eff. Aug. 20, 2000.