62N.22 DISCLOSURE OF COMMISSIONS.
Before selling any coverage or enrollment in a community integrated service network, a
person selling the coverage or enrollment shall disclose in writing to the prospective purchaser the
amount of any commission or other compensation the person will receive as a direct result of the
sale. The disclosure may be expressed in dollars or as a percentage of the premium. The amount
disclosed need not include any anticipated renewal commissions.
History: 1993 c 345 art 1 s 18; 1994 c 625 art 8 s 38; 1997 c 225 art 2 s 32