Any person acting, or offering to act, as a producer for a risk retention group or purchasing group that solicits members, sells insurance coverage, purchases coverage for its members located within the state or otherwise does business in this state shall, before commencing any such activity, obtain a license from the Insurance Commissioner in such form as the commissioner prescribes in accordance with the provisions of section 38a-769.
(P.A. 87-135, S. 14, 18; P.A. 96-193, S. 8, 36; P.A. 17-15, S. 20.)
History: Sec. 38-543 transferred to Sec. 38a-263 in 1991; P.A. 96-193 substituted “producer” for “agent or broker”, effective June 3, 1996; P.A. 17-15 made a technical change.
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