§ 23-37-602 - Agents, brokers, etc., generally.
23-37-602. Agents, brokers, etc., generally.
Unless acting as an agent for and on behalf of an association, no person, firm, or corporation shall, in this state, unless then licensed therefor pursuant to this chapter:
(1) Act or hold himself out as an agent, broker, or solicitor for others of savings accounts for foreign savings and loan associations;
(2) Advertise in this state for the placing of savings accounts in foreign savings and loan associations; or
(3) Collect, receive, or transmit any funds or take applications for the opening of savings accounts in any foreign savings and loan association.