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KengaRu [80]
3 years ago
12

Selling insurance without a license without misappropriating premium funds is a ________.

Business
1 answer:
vladimir1956 [14]3 years ago
5 0

Answer:

Selling insurance without a license without misappropriating premium funds is  a class 4 felony.

Explanation:

The sale of insurance without a license without misappropriating funds is a class 4 felony that attracts a fine up $5,000 and 5 years imprisonment. This is in accordance with Illinois Laws Regulations.                                                                                                                                                                                                                                                                                                                                                                                                                                      

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