Ark. Code Ann. § 23-64-224

Combination agent and broker license

Year: 2026Length: 224 wordsSubsections: 3
(a) A licensed agent may be licensed as a broker and be a broker as to insurers for which he or she is not then licensed as agent. (b) A licensed broker may be licensed as and be an agent as to insurers appointing him or her as agent. (c) The sole relationship between a broker and an insurer as to which he or she is then licensed as an agent, as to transactions arising during the existence of the agency appointment, shall be that of insurer and agent and not that of insurer and broker. Acts 1959, No. 148, § 165; A.S.A. 1947, § 66-2822; Acts 1997, No. 1004, § 1. (a) A licensed agent may be licensed as a broker and be a broker as to insurers for which he or she is not then licensed as agent. (b) A licensed broker may be licensed as and be an agent as to insurers appointing him or her as agent. (c) The sole relationship between a broker and an insurer as to which he or she is then licensed as an agent, as to transactions arising during the existence of the agency appointment, shall be that of insurer and agent and not that of insurer and broker. Acts 1959, No. 148, § 165; A.S.A. 1947, § 66-2822; Acts 1997, No. 1004, § 1.
Ark. Code Ann. § 23-64-224: Combination agent and broker license | Justis AI