Laws of New York (Last Updated: November 21, 2014) |
ISC Insurance |
Article 21. AGENTS, BROKERS, ADJUSTERS, CONSULTANTS AND INTERMEDIARIES |
Section 2129. Duty to have an agent or broker at each place of business
Latest version.
-
(a) Each place of business established by the holder of an agent and/or broker license shall be under the supervision of one or more persons licensed to do the kinds of business transacted in that office. The headquarters location must be supervised by one or more persons licensed to do all the kinds of business for which the licensee is authorized. Any satellite office established by a licensee must be supervised by one or more persons licensed to do the kinds of business to be transacted in that office. (b) Written notice shall be given to the superintendent containing the location of each satellite office and the licensed person or persons responsible for each satellite office.