§27-12A-5. Transacting insurance without a license.  


Latest version.
  • (a) A person commits the crime of transacting insurance without a license if he or she knowingly transacts the business of insurance in violation of laws requiring a license, certificate of authority, or other legal authority for the transaction of the business of insurance.

    (b) Transacting insurance without a license is a Class A misdemeanor.

(Act 2012-429, p. 1170, §2.)