§ 31A-23a-411.1. Person's liability if premium received is not forwarded to the insurer.

A person commits insurance fraud as described in Subsection 31A-31-103(1)(g) if that person knowingly fails to forward to the insurer a premium: (1) received from one of the following in partial or total payment of the premium due from: (a) an applicant; (b) a policyholder; or (c) a certificate holder; or (2) collected from or on behalf of an insured employee under an insured employee benefit plan.