87.3 - MAXIMUM COMMISSION FOR RENEWAL.
87.3 MAXIMUM COMMISSION FOR RENEWAL. No insurer of any obligation under this chapter shall either by itself or through another, either directly or indirectly, charge or accept as a commission or compensation for placing or renewing any insurance under this chapter, more than fifteen percent of the premium charged.Section History: Early Form
[S13, § 2477-m46; C24, 27, 31, 35, 39, § 1469; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 87.3]