512B.31  Licensing of agents.

1.  Agents of societies shall be licensed in accordance with chapter 522 regulating the licensing, revocation, suspension, or termination of license of resident and nonresident agents, but persons who were agents of a society on or before July 1, 1970, are not required to take an examination.

2.  An examination or license shall not be required of a regular salaried officer, employee, or member of a licensed society who devotes substantially all of the person's services to activities other than the solicitation of fraternal insurance contracts from the public, and who does not receive for the solicitation of such contracts a commission or other compensation directly dependent upon the amount of business obtained.

Section History: Recent form

  90 Acts, ch 1148, §32


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