Massachusetts Statutes

§ 162I — License required to sell, solicit or negotiate insurance

Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title XXII CORPORATIONS·Ch. 175 INSURANCE

Section 162I. A person shall not sell, solicit or negotiate insurance in the commonwealth for any class or classes of insurance unless the person is licensed for that line of authority in accordance with sections 162H to 162X, inclusive.

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Nearby Sections

15

§ 16

Record of proceedings; certified copies

§ 160

Persons aiding foreign company not lawfully admitted to issue policies or contracts; penalty; reinsurance or transfer of primary obligation to meet actual risk assumed under policy to unlicensed company or company with insufficient net cash assets prohibited

§ 160A

Advertisement for or on behalf of unlicensed foreign company or fraternal benefit society prohibited

§ 160B

Publication of notice by commissioner of unlicensed foreign company or fraternal benefit society

§ 160C

Automobile insurance; company as agent for insurers doing business in Mexico; separate accounts; payment of percentage of gross premiums

§ 160D

Agent or broker securing automobile coverage with Mexican companies; separate accounts; payment of percentage of gross premiums

§ 161A

Definitions applicable to Secs. 161A to 161E

§ 161B

Domestication of United States branch of alien insurer; domestication agreement

§ 161C

Approval of domestication agreement by alien and domestic insurer

§ 161D

Approval of domestication agreement by commissioner

§ 161E

Domestication of United States branch of alien insurer effective upon filing of instrument of transfer and assumption

§ 162

Agent, broker and adjuster defined; on-premises and off-premise solicitation of negotiation of policy of insurance

§ 162B

Agents and brokers; power to accept installment premiums

§ 162C

Direct billing; mandatory agreements prohibited

§ 162D

Expense premium commissions; payment to insurance agents; additional compensation

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