Section 27-7-8

Licenses - Application - Statement of appointing insurer for agent.

Repealed by Act 2001-702, p. 1509, § 16, effective January 1, 2002.

An insurer intending to appoint a person as its agent shall file with the commissioner its statement showing:

(1) The kind or kinds of insurance or classifications thereof as provided in Section 27-7-11 it proposes to authorize the applicant to solicit or write;

(2) What investigation it has made of the applicant's qualifications, character and fitness for the duties to be assumed and the results of such investigation; and

(3) Such additional information as the commissioner reasonably requires.

(Acts 1957, No. 530, p. 726, §5; Acts 1971, No. 407, p. 707, §123; Acts 1988, No. 88-123, p. 159, §1.)