A licensed agent authorized to sell life or accident and health insurance may place, from time to time, excess or rejected risks in any other life or accident and health insurer authorized to transact insurance in this state with the knowledge and approval of the insurers as to which the agent is so appointed and may receive a commission thereon without being required to have an appointment as to the other insurer.Acts 1959, No. 148, § 175; A.S.A. 1947, § 66-2832; Acts 1997, No. 1004, § 1; 2001, No. 1603, § 19.
Arkansas Legal Code