Wis. Admin. Code § Ins 42.035 – Applicability. | Midpage
§ 42.035
Wis. Admin. Code § Ins 42.035
Applicability.
Effective Aug 1, 1993Register July 1993 No. 451Office of the Commissioner of Insurance
(1) A managing general agent functioning without a written contract on or after August 1, 1993 is deemed to be subject to terms consistent with s. Ins 42.03.
(2) A managing general agent which first enters into, amends or renews a contract on or after August 1, 1993 is subject to s. Ins 42.03.
(3) A managing general agent not otherwise subject to s. Ins 42.03 under sub. (1) or (2) is subject to s. Ins 42.03 after September 30, 1994.