Section 58-30-27 - Licenses to insurance producers of domestic insurer insuring members of armed forces and dependents outside territorial limits

58-30-27. Licenses to insurance producers of domestic insurer insuring members of armed forces and dependents outside territorial limits.If any domestic company is engaged in writing insurance on the lives or property of the members of the military forces of the United States, and dependents of the members while stationed outside the continental and territorial limits of the United States, the director, if otherwise satisfied as to the qualifications of applicants for licenses as insurance producers to write the business outside the continental and territorial limits of the United States, for the companies, may issue the same type of license to the insurance producers as to any resident insurance producer. Source: SL 1966, ch 111, ch 9, §9 (7); SL 2001, ch 286, §165.