626.734
Corporations, liability of agent.
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626.734 Corporations, liability of agent.—Any general lines insurance agent who is an officer, director, or stockholder of an incorporated general lines insurance agency shall remain personally and fully liable and accountable for any wrongful acts, misconduct, or violations of any provisions of this code committed by such licensee or by any person under his or her direct supervision and control while acting on behalf of the corporation. Nothing in this section shall be construed to render any person criminally liable or subject to any disciplinary proceedings for any act unless such person personally committed or knew or should have known of such act and of the facts constituting a violation of this chapter.
History.—s. 4, ch. 63-20; s. 3, ch. 76-168; s. 1, ch. 77-457; s. 3, ch. 81-282; ss. 2, 3, ch. 81-318; ss. 241, 807, 810, ch. 82-243; ss. 70, 206, 207, ch. 90-363; s. 4, ch. 91-429; s. 242, ch. 97-102.
Notes of Decisions
Cited in 3
cases, 1983–1993 · leading case: Hartnett, Inc. v. DEPARTMENT OF INS. OF STATE
Hartnett, Inc. v. DEPARTMENT OF INS. OF STATE (1983)
“on the basis of Section 626.734, Florida Statutes (1981).”
Ganter v. Department of Insurance (1993)
“The department asserts that there was no requirement that it prove appellant had knowledge of his employee’s misconduct under section 626.734, Florida Statutes (1989), as it existed at the time of the alleged misconduct.”
Copeland Insurance Agency, Inc. v. Home Insurance Co. (1987)
“Section 626.734, Florida Statutes (1985) provides: Corporations, liability of agent.”
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