515.125  Agent--specific definition.

Any officer, agent, or representative of an insurance company doing business in this state who may solicit insurance, procure applications, issue policies, adjust losses, or transact the business generally of such companies, shall be held to be the agent of such insurance company with authority to transact all business within the scope of the agent's employment, anything in the application, policy, contract, bylaws, or articles of incorporation of such company to the contrary notwithstanding.

Section History: Early form

  [C97, § 1750; C24, 27, 31, 35, 39, § 9004; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 515.125]

Internal References

  Referred to in § 511.4


  Applicable to life companies, § 511.4

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