§ 92. Acting as insurance agent or broker
653 words·~3 min read·
/usc/title-12/section-92A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In addition to the powers now vested by law in national banking associations organized under the laws of the United States any such association located and doing business in any place the population of which does not exceed five thousand inhabitants, as shown by the last preceding decennial census, may, under such rules and regulations as may be prescribed by the Comptroller of the Currency, act as the agent for any fire, life, or other insurance company authorized by the authorities of the State in which said bank is located to do business in said State, by soliciting and selling insurance and collecting premiums on policies issued by such company; and may receive for services so rendered such fees or commissions as may be agreed upon between the said association and the insurance company for which it may act as agent:
Provided, however, That no such bank shall in any case assume or guarantee the payment of any premium on insurance policies issued through its agency by its principal: And provided further, That the bank shall not guarantee the truth of any statement made by an assured in filing his application for insurance.
(Dec. 23, 1913, ch. 6, § 13 (par.), as added Sept. 7, 1916, ch. 461, 39 Stat. 753; amended Pub. L. 97–320, title IV, § 403(b), Oct. 15, 1982, 96 Stat. 1511.)
Connections26 cite this · traces to 2
Cited by 26 sections · top 17
register
- NoticesNotice
- Proposed RulesNotice of proposed rulemaking; advance notice of proposed rulemaking
- Rules and RegulationsNotice of proposed rulemaking
- NoticesNotice and request for comments
- Rules and RegulationsNotice
- Proposed RulesJoint proposed rule with request for public comments
- Rules and RegulationsFinal rule
- Rules and RegulationsFinal rule
- UnknownCorrecting amendment
- NoticesProposed rule
- NoticesNotice
statutes-at-large
- Public Law 97–320To revitalize the housing industry by strengthening the financial stability of home mortgage lending institutions and ensuring the availability of home mortgage loans
- Public Law 100–86To regulate nonbank banks, impose a moratorium on certain securities and insurance activities by banks, recapitalize the Federal Savings and Loan Insurance Corporation, allow emergency interstate bank acquisitions, streamline credit union operations, regulate consumer checkholds, and for other purpo
statute-compilations
Traces to 2 documents
13 references not yet in our index
- Dec. 23, 1913, ch. 6, § 13
- Sept. 7, 1916, ch. 461
- 39 Stat. 753
- Pub. L. 97–320, title IV, § 403(b)
- 96 Stat. 1511
- 39 Stat. 752
- 42 Stat. 1478
- 47 Stat. 715
- 40 Stat. 512
- Pub. L. 97–320
- section 403(c) of Pub. L. 97–320
- Pub. L. 100–86, title II, § 201(a)
- 101 Stat. 581
Citation graph
cites case law
§ 92
Acting as insurance agent or broker
Fed. Reg.×20
Stat.×2
U.S.C.×2
C.F.R.×1
Stat. Comp.×1
ActDec. 23, 1913, ch. 6, § 13
ActSept. 7, 1916, ch. 461
Stat.39 Stat. 753
Pub. L.Pub. L. 97–320, title IV, § 403(b)
Stat.96 Stat. 1511
Cites 15 · showing 7Cited by 26 across 5 sources