60J.10 DISCLOSURE.
The producer, prior to the effective date of the policy, shall deliver written notice to the
prospective insured disclosing the relationship between the producer and the controlled insurer;
except that, if the business is placed through a subproducer who is not a controlling producer,
the controlling producer shall retain in the producer's records a signed commitment from the
subproducer that the subproducer is aware of the relationship between the insurer and the
producer and that the subproducer has or will notify the insured.
History: 1992 c 540 art 1 s 5