West Virginia Statutes
§ 33-11A-7 — Referrals by unlicensed persons allowed
(a)A person who is not licensed to sell insurance may refer a customer who seeks to purchase, or seeks an opinion or advice on, any insurance product to a person, or provide the phone number of a person, who sells or provides opinions or advice on such product, only if the person making the referral receives no fee or only a nominal fee for such referral and such fee is not based on the customer's application for or purchase of insurance.
(b)For purposes of this section "nominal fee" means a one-time fee of $100 or less.
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West Virginia § 33-11A-7 (Referrals by unlicensed persons allowed) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
2024 Reg. Sess., HB5057; 1997 Reg. Sess., HB2198
Nearby Sections
15
§ 33-1-1
Insurance§ 33-1-10
Kinds of insurance defined§ 33-1-11
Reinsurance§ 33-1-12
Agent§ 33-1-13
Solicitor§ 33-1-14
Broker§ 33-1-15
Reciprocal insurance§ 33-1-16
Policy§ 33-1-17
Premium§ 33-1-18
Stock insurer§ 33-1-19
Mutual insurer§ 33-1-2
Insurer§ 33-1-21
Emergency services