HAR §16-23-79. Commissions

A servicing entity shall pay a producer commission for business written pursuant to the joint underwriting plan. The rate of commission payable by the servicing entity for business written pursuant to the joint underwriting plan shall be paid at market rates as §16-23-79 23-42 presented by the joint underwriting plan board of governors and approved by the Commissioner. No commission shall be paid for certified public assistance insured business. All risks transferred from one servicing entity to another under the joint underwriting plan or reinstated policies are to be considered renewal business. [Eff 9/1/80; am and comp 9/1/82; am and comp 9/1/85; comp 9/1/88; comp 9/15/89; comp 9/1/90; comp 6/1/93; am 1/30/95; am and comp 1/1/98; am and comp 1/8/99; am and comp 11/11/12; am and comp 7/2/22; am and comp 4/17/26] (Auth: HRS §§431:10C-214, 431:10C-406) (Imp: HRS §§431:10C-401 through 431:10C-404)