House Bill 0785c1

    Florida House of Representatives - 2000              CS/HB 785

        By the Committee on Insurance and Representative Sublette






  1                      A bill to be entitled

  2         An act relating to insurance commission

  3         sharing; amending s. 320.771, F.S.; prohibiting

  4         the sharing of insurance commissions with

  5         certain unlicensed persons under certain

  6         circumstances; providing an effective date.

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  8  Be It Enacted by the Legislature of the State of Florida:

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10         Section 1.  Subsection (17) is added to section

11  320.771, Florida Statutes, to read:

12         320.771  License required of recreational vehicle

13  dealers.--

14         (17)  PROHIBITED COMMISSION SHARING.--In accordance

15  with the provisions of s. 626.753, a dealer or recreational

16  vehicle broker, as defined in this section, who is not a

17  licensed insurance agent may not share in the commission on

18  the sale of insurance coverage on the types of recreational

19  vehicles defined in s. 320.01(1)(b) by the creation of a

20  foreign partnership, corporation, or other entity which is

21  controlled by a person or entity not licensed as an insurance

22  agent.

23         Section 2.  This act shall take effect October 1, 2000.

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