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29.0403 Representing or placing insurance with unauthorized insurers prohibited.

Cite as [A.S.C.A. § 29.0403]

No person, corporation, association or partnership may, in this Territory, act as agent for any insurer not authorized to transact business in this Territory, or negotiate for or place or aid in placing insurance coverage in this Territory for another with any such insurer.

History: 1974, PL 13-58 § 1.