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SB153 Alabama 2015 Session

Updated Jul 24, 2021

Summary

Session
Regular Session 2015
Title
Motor vehicle rental companies, selling of insurance by employees and agents authorized under certain conditions, compensation further provided for, Sec. 27-7-5.1 am'd.
Description

Under existing law, a licensed motor vehicle rental company may authorize an employee to act on behalf of the company with regard to insurance coverage offered.

This bill would specify that a licensed motor vehicle rental company may authorize and pay compensation to an employee or authorized representative of the company to offer or sell insurance coverage without the employee or authorized representative being individually licensed to sell insurance.

This bill would also provide that an employee or representative of the motor vehicle rental company may not be compensated based primarily on the number of customers who elect to purchase insurance coverage, but may receive compensation incidental to his or her overall compensation.

Subjects
Motor Vehicles

Bill Actions

S

Indefinitely Postponed

S

Further Consideration

S

Blackwell motion to Carry Over adopted Voice Vote

S

Third Reading Carried Over

S

Read for the second time and placed on the calendar

S

Read for the first time and referred to the Senate committee on Banking and Insurance

Bill Text

Documents

Source: Alabama Legislature