§ 8-508. Scope of license

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(a) Issued to individual. -- A license issued to an individual authorizes the individual to act as a reinsurance intermediary.

(b) Issued to firm or association. -- A license issued to a firm or association authorizes each member of the firm or association, and each employee of the firm or association who is listed on the license, to act as a reinsurance intermediary.

(c) Issued to corporation. -- A license issued to a corporation authorizes each officer of the corporation, and each employee or director of the corporation who is listed on the license, to act as a reinsurance intermediary.

HISTORY: An. Code 1957, art. 48A, § 720; 1995, ch. 36.

                    
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