Connecticut General Statutes 38a-881 – Fee payable to fund
Current as of: 2023 | Check for updates
|
Other versions
Any individual who is licensed as an insurance broker or an insurance agent on October 1, 1989, shall pay a fee of ten dollars which shall be credited to the Brokered Transactions Guaranty Fund. Any individual who receives an insurance broker’s license or an insurance agent’s license for the first time prior to June 3, 1996, or an insurance producer’s license for the first time on or after June 3, 1996, shall pay a fee of ten dollars, in addition to all other fees payable, to be credited to the Brokered Transactions Guaranty Fund.
Terms Used In Connecticut General Statutes 38a-881
- Insurance: means any agreement to pay a sum of money, provide services or any other thing of value on the happening of a particular event or contingency or to provide indemnity for loss in respect to a specified subject by specified perils in return for a consideration. See Connecticut General Statutes 38a-1