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27-8A-1
Section 27-8A-1 Continuing education requirements for insurance producers or service representatives.
(a) Any individual licensed in this state as an insurance producer or service representative
for the lines of insurance listed in subsection (b), and not exempt under subsection (c),
shall satisfactorily complete a minimum of 24 classroom hours of courses, programs of instruction,
or seminars as may be approved by the commissioner pursuant to this chapter, three hours of
which shall be on the topic of insurance producer ethics, reported to the commissioner on
a biennial basis in conjunction with the license renewal cycle. No person licensed for more
than one line of authority shall be required to complete a greater number of classroom hours
than is required of a person holding a license for a single line of authority. (b) This chapter
shall apply to all individuals licensed in this state as insurance producers and service representatives
for the following kinds of insurance: (1) The...
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27-12A-8
Section 27-12A-8 Licensing penalties for insurance fraud. (a) A producer who violates this
chapter may be subject to the suspension or revocation of any insurance license held by the
producer or civil penalties of up to five thousand dollars ($5,000) per violation, or both.
Suspension or revocation of an insurance license or certificate of authority and the imposition
of civil penalties shall be pursuant to action brought before the commissioner. Suspension
or revocation of any insurance licenses and the imposition of civil penalties shall be pursuant
to action brought before the commissioner in accordance with this title. (b) An insurer who,
with such frequency as to indicate its general business practice in this state, is in violation
of this chapter may be subject to the suspension or revocation of any certificate of authority
held by insurer or civil penalties of up to five thousand dollars ($5,000) per violation,
or both. Suspension or revocation of a certificate of authority and...
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27-7-35.1
Section 27-7-35.1 Payment of commission, etc., to person not licensed. (a) An insurance company
or insurance producer shall not pay a commission, service fee, brokerage, or other valuable
consideration to a person for selling, soliciting, or negotiating insurance in this state
if that person is required to be licensed under this chapter and is not so licensed. (b) A
person shall not accept a commission, service fee, brokerage, or other valuable consideration
for selling, soliciting, or negotiating insurance in this state if that person is required
to be licensed under this chapter and is not so licensed. (c) Renewal or other deferred commissions
may be paid to a person for selling, soliciting, or negotiating insurance in this state if
the person was required to be licensed under this chapter at the time of the sale, solicitation,
or negotiation and was so licensed at that time. (d) An insurer or insurance producer may
pay or assign commissions, service fees, brokerages, or other...
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27-7-4.2
Section 27-7-4.2 Licenses - Applicability to insurance producer. (a) Nothing in this chapter
shall be construed to require an insurer to obtain an insurance producer license. In this
section, the term "insurer" does not include an insurer's officers, directors, employees,
subsidiaries, or affiliates. (b) A license as an insurance producer shall not be required
of any of the following: (1) An officer, director, or employee of an insurer or of an insurance
producer, provided that the officer, director, or employee does not receive any commission
on policies written or sold to insure risks residing, located, or to be performed in this
state and any of the following: a. The officer, director, or employee's activities are executive,
administrative, managerial, clerical, or a combination of these, and are only indirectly related
to the sale, solicitation, or negotiation of insurance. b. The officer, director, or employee's
function relates to underwriting, loss control, inspection, or the...
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45-2-40.06
Section 45-2-40.06 Massages administered only at regular, licensed place of business. No massage
shall be administered or applied by any licensee hereunder or any employee, operator, or attendant
while working for such licensee, except in or upon the premises or regular place of business
of the licensee where the license is regularly displayed and at the place and location designated
for the operation of the massage parlor in the license. (Act 80-498, p. 772, §7.)...
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5-19A-11
Section 5-19A-11 Licensing generally; annual fee; temporary license; when new license not required
upon change in ownership. (a) A person may not engage in business as a pawnbroker unless the
person has a valid license authorizing engagement in the business. A separate license is required
for each place of business. The supervisor may issue more than one license to a person if
that person complies with this chapter for each license. A new license or application to transfer
an existing license is required upon any change, directly or beneficially, in the ownership
of any licensed pawnshop and an application must be made to the supervisor in accordance with
this chapter. (b) When a licensee wishes to move a pawnshop to another location, the licensee
shall give 30 days written notice to the supervisor, who shall then amend the license accordingly.
(c) Each license shall remain in full force and effect until relinquished, suspended, revoked,
or expired. Every licensee, on or before each...
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27-34-7
Section 27-34-7 License - Foreign or alien societies - Application; qualifications. (a) No
foreign or alien society shall transact business in this state without a license issued by
the commissioner. Any such society may be licensed to transact business in this state upon
filing with the commissioner: (1) A duly certified copy of its charter or articles of incorporation;
(2) A copy of its constitution and laws, certified by its secretary or corresponding officer;
(3) A power of attorney to the commissioner as prescribed in Section 27-34-47; (4) A statement
of its business under oath of its president and secretary, or corresponding officers, in a
form prescribed by the commissioner, duly verified by an examination made by the supervising
insurance official of its home state or other state, territory, province, or country satisfactory
to the commissioner; (5) A certificate from the proper official of its home state, territory,
province, or country that the society is legally incorporated...
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27-62-6
Section 27-62-6 Notification of cybersecurity event. (a) Each licensee shall notify the commissioner
as promptly as possible, but in no event later than three business days from a determination
that a cybersecurity event involving nonpublic information that is in the possession of a
licensee has occurred when either of the following criteria has been met: (1) This state is
the state of domicile of the licensee, in the case of an insurer, or this state is the home
state of the licensee, in the case of a producer, as those terms are defined in Section 27-7-1,
and the cybersecurity event has a reasonable likelihood of materially harming a consumer residing
in this state or reasonable likelihood of materially harming any material part of the normal
operation of the licensee. (2) The licensee reasonably believes that the nonpublic information
involves 250 or more consumers residing in this state and the cybersecurity event is either
of the following: a. A cybersecurity event impacting the...
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27-7-17
Section 27-7-17 Licenses - Contents; centralized producer license registry. (a) The license
of a producer or service representative shall state the name and address of the licensee,
the personal identification number, date of issuance, the lines of authority, the expiration
date, and any other information the commissioner deems necessary. (b) Licensees shall inform
the commissioner by any means acceptable to the commissioner of a change in legal name, mailing
address, or electronic mail address within 30 days of the change. Failure to timely inform
the commissioner of a change in legal name, mailing address, or electronic mail address shall
result in a penalty of fifty dollars ($50). (c) In order to assist in the performance of the
commissioner's duties, the commissioner may contract with nongovernmental entities, including
the NAIC or any affiliates or subsidiaries that the NAIC oversees, to perform any ministerial
functions, including the collection of fees, related to producer...
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27-7-35
Section 27-7-35 Division or sharing of commissions by licensees. (a) No licensee shall divide
with others or share in any commissions payable on account of the exercise of a license under
this title except a producer may divide or share in the commissions with other producers licensed
as to the same kinds of insurance or classifications thereof. (b) Violation of this section
shall be punishable as provided in subsection (b) of Section 27-7-34. (Acts 1957, No. 530,
p. 726, §15; Acts 1971, No. 407, p. 707, §147; Act 2001-702, p. 1509, §9.)...
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