Commissions

Agents licensed in accordance with this chapter shall not pay the whole or any part of the commission on surplus lines insurance to any person, except that the commissions may be shared or divided with any other person licensed by the commissioner as a surplus lines agent or licensed pursuant to chapter 6 of this title. Amended by 2018 Tenn. Acts, ch. 580,s 3, eff. 3/16/2018. Acts 1969, ch. 270, § 15; T.C.A., § 56-3815; Acts 2011, ch. 446, § 1. Agents licensed in accordance with this chapter shall not pay the whole or any part of the commission on surplus lines insurance to any person, except that the commissions may be shared or divided with any other person licensed by the commissioner as a surplus lines agent or licensed pursuant to chapter 6 of this title. Amended by 2018 Tenn. Acts, ch. 580,s 3, eff. 3/16/2018. Acts 1969, ch. 270, § 15; T.C.A., § 56-3815; Acts 2011, ch. 446, § 1.