58-5-130. Compensation for promoting merger or consolidation of stock insurers.
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/sd/title-58/chapter-58-5/58-5-130·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No director, officer, insurance producer, or employee of any insurer party to such merger or consolidation may receive any fee, commission, compensation, or other valuable consideration whatsoever for aiding, promoting, or assisting therein except as set forth in such plan and agreement.