(a) No licensee shall divide with others or share in any commissions payable on account of the exercise of a license under this title except a producer may divide or share in the commissions with other producers licensed as to the same kinds of insurance or classifications thereof.
(b) Violation of this section shall be punishable as provided in subsection (b) of Section 27-7-34.
Structure Code of Alabama
Chapter 7 - Property, Casualty and Surety Insurance Representatives.
Section 27-7-2 - Applicability of Chapter.
Section 27-7-3 - Applicability of Provision on Insurance Vending Machines.
Section 27-7-4 - Licenses - Requirement; Forms.
Section 27-7-4.1 - Licenses - Required to Receive Payment, Etc.
Section 27-7-4.2 - Licenses - Applicability to Insurance Producer.
Section 27-7-4.3 - Licenses - Insurance Producer Examination.
Section 27-7-4.4 - Fingerprints.
Section 27-7-5 - Licenses - Qualifications.
Section 27-7-5.1 - Licenses - Limited License for Motor Vehicle Rental Companies.
Section 27-7-5.2 - Licenses - Limited License for Travel Insurance Producers.
Section 27-7-5.3 - Licenses - Limited License for Self-Service Storage Facility.
Section 27-7-6 - Licenses - Artificial Entities.
Section 27-7-7 - Licenses - Application - Generally; Fees.
Section 27-7-8 - Licenses - Application - Statement of Appointing Insurer for Agent.
Section 27-7-9 - Licenses - Application - Statement of Appointing Agent or Broker for Solicitor.
Section 27-7-10 - Licenses - Examination - Scope; Notification; When Given.
Section 27-7-10.1 - Licenses - Examination - Waiting Period for Person Failing Two Examinations.
Section 27-7-11 - Licenses - Examination - Study Materials; Contents; Conduct; Grading.
Section 27-7-12 - Licenses - Examination - Renewal or Continuation.
Section 27-7-13 - Licenses - Examination - Exemptions; Exception.
Section 27-7-14 - Licenses - Examination - Consultations With Experienced Persons.
Section 27-7-14.1 - Licenses - Lines of Authority; Renewal.
Section 27-7-15 - Licenses - Issuance or Refusal.
Section 27-7-16 - Licenses - Reapplication or Reexamination Upon Denial; Fees Therefor.
Section 27-7-17 - Licenses - Contents; Centralized Producer License Registry.
Section 27-7-18 - Licenses - Continuation and Expiration; Exception.
Section 27-7-19 - Licenses - Penalties.
Section 27-7-20 - Licenses - Proceedings to Suspend or Revoke.
Section 27-7-21 - Licenses - Notice of Refusal to Renew or of Suspension or Revocation.
Section 27-7-22 - Licenses - Return for Cancellation; Affidavit in Lieu Thereof.
Section 27-7-23 - Temporary License - Generally.
Section 27-7-24 - Temporary License - Pending Examination of Agent.
Section 27-7-25 - Temporary License - Agent Properly Licensed in Another State.
Section 27-7-28 - Nonresident Agents or Brokers - License Generally.
Section 27-7-29 - Nonresident Agents or Brokers - Service of Process.
Section 27-7-29.1 - Exemptions for Individuals Licensed in Other State.
Section 27-7-29.2 - Notification of Assumed Name.
Section 27-7-30 - Appointment of Producer - Generally.
Section 27-7-30.1 - Appointment of Producer - Notification of Termination.
Section 27-7-30.2 - Liability for Disclosure of Information, Etc.
Section 27-7-30.3 - Confidentiality and Disclosure of Information.
Section 27-7-30.4 - Failure to Report, Etc.
Section 27-7-31 - Rights of Agent Following Termination of Appointment; Exception.
Section 27-7-32 - Place of Business; Display of License.
Section 27-7-34 - Placing of Insurance by Producer Not Appointed.
Section 27-7-35 - Division or Sharing of Commissions by Licensees.
Section 27-7-35.1 - Payment of Commission, etc., to Person Not Licensed.
Section 27-7-36 - Accounting for and Payment of Trust Funds by Licensees.
Section 27-7-37 - Complaints Against Licensees; Notice, Hearing, and Orders Thereon.
Section 27-7-38 - Privileged Information.
Section 27-7-39 - Reporting of Administrative Action, Etc.
Section 27-7-40 - Disposition of Fines.
Section 27-7-41 - Validity of Certain Licenses, Appointments.
Section 27-7-43 - Rules and Regulations Under Amendatory Act.
Section 27-7-44 - Rules and Regulations Governing Disclosure of Nonpublic Personal Information.