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A person who acts as an administrator without having applied for and received from the Commissioner a certificate of registration shall:
a. Be fined not less than $500 nor more than $5,000
b. Be fined not less than $300 nor more than $2,000
c. Be fined not less than $500 nor more than $2,500
d. Be fined not less than $200 nor more than $5,000
Answer: b. Be fined not less than $300 nor more than $2,000
The above question A person who acts as an administrator without having applied for and received from the Commissioner a certificate of registration shall:, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
