Insurance producers may conduct insurance business as a business entity if each individual who solicits, negotiates, or accepts insurance business from the public holds a license in the kind or subdivision of insurance for which the individual acts as an insurance producer and, if applicable, an appointment from an insurer.

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997. Amended by Acts 1996, c. 239, § 2, eff. Oct. 1, 1997; Acts 2001, c. 731, § 1, eff. July 2, 2001.

Formerly Art. 48A, § 168.