Current through July 29, 2024
Section Ins 45.04 - Applicability; noncompliance(1)(a) A controlling producer functioning without a written contract on or after August 1, 1993 is subject to s. Ins 45.03.(b) A controlling producer which first enters into, amends or renews a contract on or after August 1, 1993 is subject to s. Ins 45.03.(c) A controlling producer not otherwise subject to s. Ins 45.03 under par. (a) or (b) is subject to s. Ins 45.03 after September 30, 1994. (2) A contract between a controlling producer and a controlled insurer which violates s. Ins 45.03 is enforceable against the producer as if it conformed to s. Ins 45.03.Wis. Admin. Code Office of the Commissioner of Insurance Ins 45.04
Cr. Register, July, 1993, No. 451, eff. 8-1-93.