Alabama Statutes
§ 27-7-35 — Division or Sharing of Commissions by Licensees
Alabama § 27-7-35
This text of Alabama § 27-7-35 (Division or Sharing of Commissions by Licensees) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ala. Code § 27-7-35 (2026).
Text
(a)No licensee shall divide with others or share in any commissions payable on account of the exercise of a license under this title except a producer may divide or share in the commissions with other producers licensed as to the same kinds of insurance or classifications thereof.
(b)Violation of this section shall be punishable as provided in subsection (b) of Section 27-7-34.
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Legislative History
(Acts 1957, No. 530, p. 726, §15; Acts 1971, No. 407, p. 707, §147; Act 2001-702, p. 1509, §9.)
Nearby Sections
15
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Bluebook (online)
Alabama § 27-7-35, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/27-7-35.