HARRY W. NICE, GOVERNOR. 219

Section 69. BROKER'S SOLICITOR. Any person who shall be
a bona fide employee of a duly licensed and qualified broker
and not duly operating under a broker's license in conformity
with the provisions of Section 68 of this Article, and who, for
compensation, whether by way of salary or commission, or
both, shall solicit on behalf of and in the name of his said
employer, and not in his own name, or in any manner aids his
said employer in negotiating contracts of insurance or re-
insurance, in the name of his said employer, is hereby desig-
nated a broker's solicitor and shall be deemed to be such for
the purposes of this Article. No person shall act in any man-
ner or perform any of the duties or functions of such broker's
solicitor until application for a license therefor shall have
been made both by said broker's solicitor and by his said
employer on application forms provided by the Insurance
Commissioner, and duly signed by said broker's solicitor and
by his said employer, and there shall have been issued by the
Insurance Commissioner a license to act as such broker's solic-
itor, for which license there shall be paid to the Insurance
Commissioner the sum of twenty-five dollars by or for each
such broker's solicitor. Said license shall bear the name of
the broker's solicitor to whom issued and of the employer for
whom he is authorized to act and shall authorize said broker's
solicitor named therein to solicit insurance and re-insurance
in the name of his said employer, but not in his own name or
in the name of any other person, firm or corporation, and
further to aid in any proper and lawful manner his said
employer in negotiating contracts of insurance and reinsur-
ance, in the name of his said employer, but shall not authorize
or permit said broker's solicitor to act in or use his own name
in soliciting or negotiating any contracts of insurance or re-
insurance or in any renewal or renewals of any such con-
tracts, or to deliver any policy or bill to any assured or collect
any premium of insurance in his own name or in any other
manner than in the name of and as the agent or employee of
his said employer. If any such license shall be issued for any
portion of any year, a ratable sum shall be charged therefor
up to the first day of May next succeeding the date of such
application. The broker for whom any such solicitor shall
act under such license may place any insurance procured by
or through said solicitor in any company and in the same
manner and to the same extent as if said business had been
procured or negotiated directly by said broker employing said
solicitor.

SEC. 2. And be it further enacted, That this Act shall take
effect June 1, 1937.

Approved May 18, 1937.