TITLE XXXVII
INSURANCE

CHAPTER 405
FOREIGN INSURANCE COMPANIES AND THEIR AGENTS

Denial of Privileges, etc., by Other States

Section 405:56

    405:56 Penalties. – Any such agent or company of this state, who shall pay such commission, brokerage or other compensation upon any such policy so written for him or them upon persons or property in this state, shall be subject to the same penalties as are prescribed by the laws of that state for agents, brokers or companies of that state, who shall pay such commission, brokerage or other compensation to such agents, brokers or companies of this state.

Source. 1909, 85:1. PL 275:50. RL 325:55.