TITLE XXXVII
INSURANCE

CHAPTER 405
FOREIGN INSURANCE COMPANIES AND THEIR AGENTS

Denial of Privileges, etc., by Other States

Section 405:55

    405:55 Commissions, etc. – If, by the laws of any other state, agents, brokers or companies of this state are prohibited from receiving commissions on policies of fire or casualty insurance written for them by agents or companies doing business in that state on persons or property residing or located therein the agents, brokers or companies resident in that state shall not be paid any commission, brokerage or other compensation upon any policy written for them by agents or companies doing business in this state.

Source. 1909, 85:1. PL 275:49. RL 325:54.