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56-14-115 - Surplus lines agents' commissions.

56-14-115. Surplus lines agents' commissions.

Agents licensed in accordance with this chapter may not pay the whole or any part of the commission on surplus lines insurance to any person, except that the commissions may be shared or divided with any other person licensed by the commissioner as a surplus lines agent.

[Acts 1969, ch. 270, § 15; T.C.A., § 56-3815.]  

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