Exam term

Sub-licensee

A natural person named in a firm's or corporation's license who may act under it, only in the licensee's name. Corporations may name only officers and directors; firms and associations only members. Their authority ends if the entity's license is revoked or suspended.

Lessons that use this term

New York producer licensing: process, definitions, and license types (Ins. Law 2101-2109, 2136) New York
New York life settlement brokers: licensing, advertising, privacy, and prohibited practices (Ins. Law 2137, art. 78) New York