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949d — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Twenty-six - Insurance (§§ 101 — 10377)/
  5. Subtitle 1 - Insurance Generally/
  6. Chapter 9a - Producer, Authorized Representative, Solicitor, General Agent, Adjuster and Insurance Consultant § 949 - Statement of Purpose/
  7. 949d
Puerto Rico Legal Code

949d

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A solicitor is a natural person appointed and authorized by a producer to solicit insurance as representative of said producer. An individual employed on salary only who devotes all his/her time to office work, incidentally soliciting insurance at the office of the producer shall not be deemed to be a solicitor if his/her employment or compensation is not contingent upon or related to the volume of said insurance, applications or premiums. History —Ins. Code, added as § 9.030 on Jan. 19, 2006, No. 10, § 8, eff. 120 days after Jan. 19, 2006.