15 U.S.C. § 8203 — Participation in national producer database

FEDERAL · 15 U.S.C. · Chapter SUBCHAPTER I—NONADMITTED INSURANCE

Participation in national producer database

15 U.S.C. § 8203

ChapterSUBCHAPTER I—NONADMITTED INSURANCE

This text of 15 U.S.C. § 8203 (Participation in national producer database) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

15 U.S.C. § 8203.

Text

After the expiration of the 2-year period beginning on July 21, 2010, a State may not collect any fees relating to licensing of an individual or entity as a surplus lines broker in the State unless the State has in effect at such time laws or regulations that provide for participation by the State in the national insurance producer database of the NAIC, or any other equivalent uniform national database, for the licensure of surplus lines brokers and the renewal of such licenses.

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After the expiration of the 2-year period beginning on July 21, 2010, a State may not collect any fees relating to licensing of an individual or entity as a surplus lines broker in the State unless the State has in effect at such time laws or regulations that provide for participation by the State in the national insurance producer database of the NAIC, or any other equivalent uniform national database, for the licensure of surplus lines brokers and the renewal of such licenses.

Source Credit

History

(Pub. L. 111–203, title V, §523, July 21, 2010, 124 Stat. 1590.)

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Bluebook (online)

15 U.S.C. § 8203, Counsel Stack Legal Research, https://law.counselstack.com/usc/15/8203.