§ 6761. — Liability of the Association and the directors, officers, and employees of the Association.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 15USC6761]
TITLE 15--COMMERCE AND TRADE
CHAPTER 93--INSURANCE
SUBCHAPTER III--NATIONAL ASSOCIATION OF REGISTERED AGENTS AND BROKERS
Sec. 6761. Liability of the Association and the directors,
officers, and employees of the Association
(a) In general
The Association shall not be deemed to be an insurer or insurance
producer within the meaning of any State law, rule, regulation, or order
regulating or taxing insurers, insurance producers, or other entities
engaged in the business of insurance, including provisions imposing
premium taxes, regulating insurer solvency or financial condition,
establishing guaranty funds and levying assessments, or requiring claims
settlement practices.
(b) Liability of the Association, its directors, officers, and employees
Neither the Association nor any of its directors, officers, or
employees shall have any liability to any person for any action taken or
omitted in good faith under or in connection with any matter subject to
this subchapter.
(Pub. L. 106-102, title III, Sec. 331, Nov. 12, 1999, 113 Stat. 1430.)
