Surplus line broker definition

Surplus line broker means a person licensed pursuant to
Surplus line broker means “a surplus line broker duly licensed as such under this chapter, including resident surplus line brokers and nonresident surplus line brokers.” Idaho Code § 41-1213(3).
Surplus line broker or 'broker' means an individual who is licensed in this state to

Examples of Surplus line broker in a sentence

  • Surplus line broker who is an individual transacting only on behalf of a surplus line broker organization, two hundred fifty dollars ($250).

  • All policies shall be subject to approval by the County Finance Director as to company (must be rated A-VII or higher in the A.M. Best’s Key Rating Guide and licensed to do business in the State of Georgia or issued as a surplus line by a Georgia Surplus line broker), form and coverage, and primary to all other insurance.

  • Surplus line broker licenses will run for the calendar year, and the license fee may not be prorated for any portion of the year.

  • Domestic violence does not take place in a vacuum and is normally accompanied by other types of abuse.

  • Surplus line broker licenses are valid for the time Unauthorized Insurers 48.15.085 period established by the commissioner unless suspended or revoked at an earlier date.

  • A title insurance agent is a business entity licensed under the laws of this state and appointed by an au- thorized title insurance company to sell, solicit, or negotiate insur- ance on behalf of the title insurance company.• Surplus line broker.

  • Surplus line broker not described in subdivision (e), five hundred dollars ($500).


More Definitions of Surplus line broker

Surplus line broker. (CIC 47) means a person licensed under Section 1765 and authorized to do business under Chapter 6 (commencing with Section 1760) of Part 2 of Division 1.

Related to Surplus line broker

  • Surplus lines broker means a person licensed pursuant to Article 5.1 (§ 38.2-1857.1 et seq.) of this

  • Designated Broker means the financial services firm or other agent designated by the Company to maintain ESPP Share Accounts on behalf of Participants who have purchased shares of Common Stock under the Plan.

  • Insurance broker means an insurance brokerage firm,

  • Real estate broker means an individual or business entity that, with intent to collect or receive a fee, compensation, or valuable consideration, sells or offers for sale, buys or offers to buy, provides or offers to provide market analyses of, lists or offers or attempts to list, or negotiates the purchase, sale, or exchange of real estate; that negotiates the mortgage of real estate; that negotiates for the construction of a building on real estate; that leases or offers or rents or offers for rent real estate or the improvements on the real estate for others, as a whole or partial vocation; that engages in property management as a whole or partial vocation; that sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others; or that, as owner or otherwise, engages in the sale of real estate as a principal vocation.

  • Associate broker means a licensed broker who is employed by

  • Prime Broker means a Person that acts as credit counterparty for transactions executed on the SEF in the name and on behalf of such Person by its client or an agent of its client that is a BSEF Participant and that has authorized a Participant to send RFQs, place Orders or enter into Trades in the name and on behalf of such Person.

  • REAL ESTATE BROKERS The following real estate brokers (collectively, the "Brokers") and brokerage relationships exist in this transaction and are consented to by the Parties (check applicable boxes): Xxxxxx Xxxx, Inc. represents [_] Lessor exclusively ("Lessor's Broker"); |X| both Lessor and Lessee, and _____________________________________________________________________ represents [_] Lessee exclusively ("Lessee's Broker"); |_| both Lessee and Lessor. (See Paragraph 15 for further provisions.)

  • Approved Broker means Arrow, Xxxxx Xxxxxxxx Sales, Clarksons, Xxxx Xxxxxxxx, SSY Valuation Services, Maersk Brokers, XX Xxxxxx Shipbrokers and Fearnleys (or such subsidiary or other company in the same corporate group through which valuations are commonly issued) and, in the plural, means all of them;

  • Authorized Broker means those Brokers which are authorized to deal in Government Securities.

  • Data Broker means either of the following:

  • Participating Broker- Dealer: See Section 2(b) hereof. Person: An individual, trustee, corporation, partnership, limited liability company, joint stock company, trust, unincorporated association, union, business association, firm or other legal entity. Private Exchange: See Section 2(b) hereof.

  • Principal broker means a broker who is either a real estate proprietor, a partner in a real estate partnership, or an officer in a real estate corporation.

  • Surplus lines insurer means a non-admitted insurer with which insurance coverage may be placed under this chapter.

  • Customs Broker/Carrier Agreement means an agreement in form and substance satisfactory to the Agent among a Loan Party, a customs broker, freight forwarder, consolidator, or carrier, and the Agent, in which the customs broker, freight forwarder, consolidator, or carrier acknowledges that it has control over and holds the documents evidencing ownership of the subject Inventory for the benefit of the Agent and agrees, upon notice from the Agent, to hold and dispose of the subject Inventory solely as directed by the Agent.

  • Approved Brokers means such firm of insurance brokers, appointed by the Charterer during the Charter Period, as may from time to time be approved in writing by the Mortgagee for the purposes of this Deed;

  • Loan broker means any person who, for compensation or gain, or in the expectation

  • Seller’s Broker means CB Xxxxxxx Xxxxx.

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Customs Broker Agreement means a custom broker agreement in form and substance satisfactory to Agent in its Permitted Discretion, duly executed and delivered to Agent by a Customs Broker and Borrower.

  • Related Liability Amount with respect to any Related Liability on the books of the Assuming Institution, means the amount of such Related Liability as stated on the Accounting Records of the Assuming Institution (as maintained in accordance with generally accepted accounting principles) as of the date as of which the Related Liability Amount is being determined. With respect to a liability that relates to more than one asset, the amount of such Related Liability shall be allocated among such assets for the purpose of determining the Related Liability Amount with respect to any one of such assets. Such allocation shall be made by specific allocation, where determinable, and otherwise shall be pro rata based upon the dollar amount of such assets stated on the Accounting Records of the entity that owns such asset.

  • Eligible surplus lines insurer means a nonadmitted insurer with which a surplus lines

  • Introducing Broker means any financial institution or advisor or legal or natural person obtaining remuneration from the Company and/or Clients for introducing Clients/interested parties to the Company.

  • Sponsoring Broker means a Participant other than a DMA Customer that allows its designated Customers to access the SEF Platform using the Participant ID of the Participant and (i) with respect to Cleared Swaps, is a Clearing Member; and (ii) with respect to Non-Cleared Swaps, is (x) an FCM or Introducing Broker; or (y) non-U.S. Person acting in a similar capacity that is not required to register as an FCM or Introducing Broker under the Act and that is appropriately licensed in a jurisdiction where its DMA Customer is located.

  • Renminbi Dealer means an independent foreign exchange dealer of international repute active in the Renminbi exchange market in Hong Kong reasonably selected by the Issuer.

  • Mortgage broker means any person who for compensation or

  • Pawnbroker means the same as that term is defined in Section 13-32a-102.