P.R. Laws tit. 26, § 1012
2019-02-20 00:00:00+00
(1) A surplus line broker may accept and place surplus line business for any insurance broker licensed in Puerto Rico for the kind or kinds of insurance involved, and may compensate such insurance broker therefor.
(2) The surplus line broker shall have the right to receive from the insurer the customary commission.
History —Ins. Code § 10.120; Jan. 19, 2006, No. 10, § 9, eff. 120 days after Jan. 19, 2006.