Section 58-24-71 - Third-party consultant disclosure requirements.
58-24-71. Third-party consultant disclosure requirements. If a third-party consultant is retained by the exempt commercial policyholder to act as the policyholder's risk manager when a quote for insurance is delivered to the policyholder, the consultant shall disclose, in writing, the existence of any commission, fee, or contingency arrangement the third-party consultant has with the insurer.
Source: SL 2004, ch 307, § 4.