§ 27-17-12 — Policy Provisions - Waiver, Etc., of Policy Terms or Conditions

There shall be a provision that no agent shall have the power or authority to waive, change or alter any of the terms or conditions of any policy; except, that, at the option of the insurer, the terms or conditions may be changed by an endorsement signed by a duly authorized officer of the insurer.

Legislative History

(Acts 1971, No. 407, p. 707, §403.)