§58-44A-5. Licensure of vendors

Latest version.

(a)        A vendor is required to hold a limited lines license to sell or offer coverage under a policy of portable electronics insurance.

(b)        A limited lines license issued under this section shall authorize any employee or authorized representative of the vendor to sell or offer coverage under a policy of portable electronics insurance to a customer at each location at which the vendor engages in portable electronics transactions.

(c)        Notwithstanding any other provision of law, a license issued pursuant to this section shall authorize the licensee and its employees or authorized representatives to engage in those activities that are permitted in this section.

(2011-225, s. 1.)

                    
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