Section 27-10-36

Published: 2015

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Section 27-10-36

Section 27-10-36Production of policies, etc., for inspection by commissioner.

Every person as to whom insurance is placed with an unauthorized insurer, upon the commissioner's order, shall produce for his examination all policies and other documents evidencing the insurance and shall disclose to the commissioner the amount of gross premiums paid, or agreed to be paid, for the insurance. For each willful refusal to obey such order, such person shall be liable to a fine of not more than $500.00.

(Acts 1963, No. 521, p. 1112, §23; Acts 1971, No. 407, p. 707, §211.)