RSA 402-F:7 Prohibited Acts.

Title: XXXVII - INSURANCE Chapter: 402-F - REINSURANCE INTERMEDIARIES

The RM shall not:
I. Cede retrocessions on behalf of the reinsurer, except that the RM may cede facultative retrocessions pursuant to obligatory facultative agreements if the contract with the reinsurer contains reinsurance underwriting guidelines for such retrocession. The guidelines shall include a list of reinsurers with which such automatic agreements are in effect, and for each such reinsurer, the coverages and amounts or percentages that may be reinsured, and commission schedules.
II. Commit the reinsurer to participate in reinsurance syndicates.
III. Appoint any producer without assuring that the producer is lawfully licensed to transact the type of reinsurance for which he or she is appointed.
IV. Without prior approval of the reinsurer, pay or commit

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