Current through Register No. 50, December 12, 2024
Section Ins 3203.05 - Commissions(a) Commissions shall not be paid to, or shared with, an individual or business entity, including but not limited to a financial institution, which is not licensed as an insurance agent or broker in New Hampshire.(b) Non-licensed individuals or business entities shall not be awarded a portion of the insurance revenue.(c) Any compensation paid other than as provided in this part shall constitute prohibited commission sharing.N.H. Admin. Code § Ins 3203.05