The producer, before the effective date of the policy, shall deliver written notice to the prospective insured disclosing the relationship between the producer and the controller insurer; except that, if the business is placed through a subproducer who is not a controlling producer, the controlling producer shall retain in his records a signed commitment from the subproducer that the subproducer is aware of the relationship between the insurer and the producer and that the subproducer has or will notify the insured.
Miss. Code Ann. § 83-59-9
Notification to insured of control relationship
Known as the Business Transacted with Producer Controlled Insurer Act
The act spans §§ 83–83 (6 sections).
Laws, 1992, ch. 449, § 5, eff from and after July 1, 1992.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.