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Session Laws, 1914
Volume 533, Page 855   View pdf image (33K)
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PHILLIPS LEE GOLDSBOROUGH, GOVERNOR. 855

of one dollar ($1.00) as a fee to the said Commissioner for issu-
ing said license, may obtain a license for carrying on the busi-
ness of an insurance broker; provided, however, that any nat-
ural person, bona fide co-partnership, or corporation residing in.
any of the Counties of this State may, upon payment of a fe€
of twenty-five dollars ($25.00), for the use of the State, and an
additional sum of one dollar ($1.00) as a fee to the said Com-
missioner for issuing said license, obtain a license to act aa
broker as to risks situated in the County only within which he,
they or it may reside. A license issued to a co-partnership or
corporation shall authorize only those members of the co-part-
nership, not exceeding three in number, who are specified in the
license, or those officers, agents and employes of the corporation,
not exceeding three in number, who are specified in the license,
to act for the said co-partnership or for the said corporation
thereunder. The Insurance Commissioner shall from time to
time, upon application, and payment of an additional sum of
fifty cents in each such case as a fee to the Insurance Commis-
sioner, change the designations of members of co-partnerships,
and of officers, agents and employes of corporations in licenses
issued under this Section to co-partnerships and corporations.
Every application for a license under this Section shall be ad-
dressed to the Insurance Commissioner in writing, shall set
forth in full the name and address of each such applicant, and
the name and address of each person who proposes to act under
a license issued as aforesaid to any co-partnership or corpora-
tion, that each such applicant or person proposing to act under
such license has not wilfully violated any of the insurance laws
of this State during the past year and that he will not violate
any such law during the term of license applied for if issued;
that he has not dealt unjustly with or deceived any citizen of this
State or misrepresented the conditions of any insurance policy
or contract; whether or not he is indebted to any insurance com-
pany or general agent by virtue of any contract as former agent
or broker; whether or not his license as insurance agent or
broker has been declined or revoked in this or any other State
for a violation of law; where and in what business engaged dur-
ing the past year, and shall give full answers to the following
questions: Do you understand that it is against the laws of
this State (a) to act as broker for any company without license
from this department, (b) to misrepresent the conditions of any
policy contract, (c) to make any discrimination between citizens
of this State in premiums, or in rebating any part of premiums
or commissions, or to twist or attempt to twist policies by mis-

 

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Session Laws, 1914
Volume 533, Page 855   View pdf image (33K)
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