Section 500.1201a - Sale, solicitation, or negotiation of insurance; license required; applicability to excess and surplus lines agents and brokers.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.1201a Sale, solicitation, or negotiation of insurance; license required; applicability to excess and surplus lines agents and brokers.
Sec. 1201a.
(1) A person shall not sell, solicit, or negotiate insurance in this state for any line of insurance unless the person is licensed for that qualification in accordance with this chapter.
(2) This chapter does not apply to excess and surplus lines agents and brokers licensed under chapter 19 except as provided in sections 1204e and 1206a.
History: Add. 2001, Act 228, Eff. Mar. 1, 2002
Popular Name: Act 218