2010 Georgia Code 33-15-107 Case Law
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One Click Case Law for § 33-15-107
O.C.G.A. § 33-15-106 <-- --> O.C.G.A. §33-15-108



2010 Georgia Code

TITLE 33 - INSURANCE

CHAPTER 15 - FRATERNAL BENEFIT SOCIETIES
ARTICLE 6 - VALUATION STANDARDS; LICENSES AND RENEWALS; EXAMINATIONS; VIOLATIONS; AGENTS OR REPRESENTATIVES
§ 33-15-107 - Licensing of agents or representatives; exemptions

O.C.G.A. 33-15-107 (2010)
33-15-107. Licensing of agents or representatives; exemptions


(a) Except as provided in subsections (b) and (c) of this Code section, agents of societies shall be licensed in accordance with the provisions of Chapter 23 of this title.

(b) No examination or license shall be required of any regular salaried officer, employee, or member of a licensed society who devotes substantially all of his or her services to activities other than the solicitation of fraternal insurance contracts from the public, and who receives for the solicitation of such contracts no commission or other compensation directly dependent upon the amount of business obtained.

(c) Any agent or representative of a society who devotes, or intends to devote, less than 50 percent of his time to solicitation and procurement of insurance contracts for such society shall be exempt from the requirements of subsection (a) of this Code section. Any person who in the immediately preceding calendar year solicited and procured life insurance contracts on behalf of any society on the persons of more than 25 individuals and who received or will receive a commission or other compensation therefor, is presumed to be devoting or intending to devote 50 percent of his time to the solicitation or procurement of insurance contracts for the society.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com