2006 Louisiana Laws - RS 22:3057 — Referrals

§3057.  Referrals

A.  Any person who is not licensed to sell insurance may refer a customer to a person, or the telephone number of a person, who sells or provides opinions or advice on any insurance product.

B.  Any compensation received by the person making a referral provided for in Subsection A of this Section shall not be in the form of a sales commission and shall not be based on the application by the customer or purchase of insurance.

C.  No person directly responsible for making a specific loan or extension of credit shall receive any compensation for referral of a customer who is required to provide insurance in connection with that loan or extension of credit.

Acts 1997, No. 1475, §2, eff. July 15, 1997.

Disclaimer: These codes may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.