§ 26-9-224 — Scope of broker's authority; broker's commissions

(a) Any insurance producer acting in the capacity of a
broker is not an agent or other representative of an insurer and
does not have power by his own acts to obligate the insurer upon
any risk or by any insurance transaction.
(b) An insurer or insurance producer has the right to pay
to an insurance producer acting in the capacity of a broker and
licensed under this chapter the customary commissions upon
insurance placed through the producer acting as a broker.