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Session Laws, 1922
Volume 563, Page 1167   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR, 1167

misrepresentation. Said application and declaration shall be
signed by the person, a member of the copartnership, or a duly
authorized officer of the corporation applying as the case may be.
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.

SEC. 66. 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 liscense in conformity with the
provisions of section 65 of this article, and who, for compensa-
tion, 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 'reinsurance
in the aiame of his said employer, is hereby designated a
broker's solicitor and shall be deemed to be such for the pur-
poses of this article. No person shall act in any manner 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 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 solicitor, 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 reinsurance 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 reinsurance, 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 reinsurance or in any renewal or
renewals of any such contracts, 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. The broker for
whom any such solicitor shall act under such license may place
any insurance procured by or through said solicitor in any

 

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Session Laws, 1922
Volume 563, Page 1167   View pdf image (33K)
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