Section 38-47-60 - Adjuster acting for unauthorized insurerIt is unlawful for a person to:
(1) act as adjuster on a contract made other than as authorized by the laws of this State or made by an insurer who is not regularly licensed to do business in this State; or(2) adjust or aid in the adjustment, either directly or indirectly, of a claim arising under a contract of insurance not authorized by the laws of this State.A person who violates the provisions of this section is guilty of a misdemeanor and, upon conviction, must be fined in the discretion of the court or imprisoned not more than two years, or both.
1993 Act No. 181, Section 681; 1993 Act No. 184, Section 216; 1988 Act No. 374, Section 21; 1962 Code Section 37-226] recodified as Section 38-47-60 by 1987 Act No. 155, Section 1; 1952 Code Section 37-226; Former 1976 Code Section 38-49-60 [1947 (45) 322; 1962 Code Section 37-206] has no comparable provisions in 1987 Act No. 155; 1952 Code Section 37-206; Former 1976 Code Section 38-47-60 [1947 (45) 322.