Insurance Law 2129 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 2128 Commission and fee sharing prohibited up ARTICLE 21 Agents, Brokers, Adjusters, Consultants and Intermediaries next SECTION 2130 Excess line association Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 2129 Duty to have an agent or broker at each place of business Insurance (ISC) CHAPTER 28, ARTICLE 21 § 2129. Duty to have an agent or broker at each place of business. (a) Each place of business established by the holder of an agent and/or broker license shall be under the supervision of one or more persons licensed to do the kinds of business transacted in that office. The headquarters location must be supervised by one or more persons licensed to do all the kinds of business for which the licensee is authorized. Any satellite office established by a licensee must be supervised by one or more persons licensed to do the kinds of business to be transacted in that office. (b) Written notice shall be given to the superintendent containing the location of each satellite office and the licensed person or persons responsible for each satellite office.