40 Pa. Stat. § 4203

Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 4203 - Licensure of vendors
(a) Requirement.--A vendor is required to hold a limited lines insurance producer license to sell, solicit or negotiate coverage under a policy of portable electronics insurance.
(b) Limited lines license.--A limited lines license issued under this act shall authorize an employee or authorized representative of the vendor to sell, solicit or negotiate coverage under a policy of portable electronics insurance to a customer at each location where the vendor engages in portable electronics transactions and to receive compensation from the vendor for those activities.
(c) List of locations.--The vendor shall maintain a list of the locations in this Commonwealth where it offers coverage and provide the list upon request to the department.
(d) License.--Notwithstanding any other provision of law, a license issued under this section shall authorize the licensee and its employees or authorized representatives to engage in those activities that are permitted in this section.

40 P.S. § 4203

Added by P.L. 995 2012 No. 112, § 3, eff. 11/2/2012.