§ 26-37-124 — 26-37-124. Mechanical breakdown insurance organizations; representatives of dealers; registration requirements; fee; renewal; suspension or revocation

(a) Any dealer for a mechanical breakdown insurance
organization shall register its representatives with the
commissioner by filing an application for registration stating
the:
(i) Name and address of the registrant;
(ii) Registrant has been a resident of this state for
at least thirty (30) days preceding the date of application;
(iii) Registrant is a trustworthy person with a good
reputation; and
(iv) Registrant is familiar with the benefits, costs,
coverage and claims procedure of the mechanical breakdown
insurance marketed by the dealer.
(b) The dealer shall pay a registration fee of ten dollars
($10.00) for each individual registered under this section.
(c) Upon payment of a renewal fee of ten dollars ($10.00),
representative registrations are renewable on the first day of
August of each year unless sooner suspended or revoked.
(d) Representative registrations may be suspended or
revoked for those causes and subject to the procedure applicable
to dealers under this chapter or to agents of insurers under
this code.