41-5814. PUBLIC ADJUSTER FEES. (1) A public adjuster shall not pay a commission, service fee or other valuable consideration to a person for investigating or settling claims in this state if that person is required to be licensed under this chapter and is not so licensed.
(2) A person shall not accept a commission, service fee or other valuable consideration for investigating or settling claims in this state if that person is required to be licensed under this chapter and is not so licensed.
(3) A public adjuster may pay or assign commission, service fees or other valuable consideration to persons who do not investigate or settle claims in this state, unless the payment would violate section 41-1314, Idaho Code.
History:
[41-5814, added 2008, ch. 179, sec. 1, p. 539.]
Structure Idaho Code
Chapter 58 - PUBLIC ADJUSTER LICENSING ACT
Section 41-5801 - PURPOSE AND SCOPE.
Section 41-5802 - DEFINITIONS.
Section 41-5803 - LICENSE REQUIRED.
Section 41-5804 - EXCEPTIONS TO LICENSING.
Section 41-5805 - APPLICATION FOR LICENSE.
Section 41-5806 - LICENSE QUALIFICATIONS.
Section 41-5807 - EXAMINATION.
Section 41-5808 - EXEMPTIONS FROM EXAMINATION.
Section 41-5809 - NONRESIDENT LICENSE RECIPROCITY.
Section 41-5811 - LICENSE DENIAL, NONRENEWAL OR REVOCATION.
Section 41-5812 - BOND OR LETTER OF CREDIT.
Section 41-5813 - CONTINUING EDUCATION.
Section 41-5814 - PUBLIC ADJUSTER FEES.
Section 41-5815 - CONTRACT BETWEEN PUBLIC ADJUSTER AND INSURED.
Section 41-5816 - ESCROW OR TRUST ACCOUNTS.
Section 41-5817 - RECORD RETENTION.
Section 41-5818 - STANDARDS OF CONDUCT OF PUBLIC ADJUSTER.