515.105 - AGENCY RELATIONSHIP.
515.105 AGENCY RELATIONSHIP. Any officer, insurance producer, or representative of an insurance company doing business in this state who may solicit insurance, procure applications, issue policies, adjust losses, or transact the business generally of such companies, shall be held to be the agent of such insurance company with authority to transact all business within the scope of the agency relationship, anything in the application, policy, contract, bylaws, or articles of incorporation of such company to the contrary notwithstanding.Section History: Early Form
[C97, § 1750; C24, 27, 31, 35, 39, § 9004; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 515.125]Section History: Recent Form
2001 Acts, ch 16, §9, 37; 2007 Acts, ch 152, § 33 CS2007, § 515.105 Referred to in § 511.4 Applicable to life companies, § 511.4Footnotes
Former § 515.105 repealed by 2007 Acts, ch 152, § 84; see § 515.101