Louisiana 2019 2019 Regular Session

Louisiana House Bill HB319 Chaptered / Bill

                    ENROLLED
ACT No. 3972019 Regular Session
HOUSE BILL NO. 319
BY REPRESENTATIVE PIERRE
1	AN ACT
2 To amend and reenact R.S. 22:1558(D), relative to the appointment of an insurance producer
3 as an agent for an insurer; to provide for the registration of all individual producers
4 with a business entity appointed as an agent for an insurer; and to provide for related
5 matters.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1.  R.S. 22:1558(D) is hereby amended and reenacted to read as follows: 
8 ยง1558.  Appointments
9	*          *          *
10	D.  If any producer is operating or intends to operate its business affairs as
11 a partnership, corporation, or other business entity, the appointments in this Section
12 may be issued by an insurer in the name of such the partnership, corporation, or other
13 business entity if all persons in such the partnership, corporation, or other business
14 entity actively engaged in soliciting, negotiating, or effecting contracts of insurance
15 or renewals thereof also hold an active producer license issued in accordance with
16 the provisions of this Subpart and are registered pursuant to R.S. 22:1546(B).
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:  
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions.