P.R. Laws tit. 26, § 949a
2019-02-20 00:00:00+00
The person that pursuant to this Code holds a license duly issued by the Commissioner to negotiate insurance in Puerto Rico. In negotiating insurance the producer shall not act as authorized representative of the insurer, except in those cases in which an appointment made according to the provisions of § 949 l of this title is involved.
Provided, That the term negotiate includes the following acts:
(1) Solicitation and persuasion.
(2) Offer and negotiation.
(3) Sale.
History —Ins. Code, added as § 9.020 on Jan. 19, 2006, No. 10, § 8, eff. 120 days after Jan. 19, 2006.