A General Lines Agent may share his commission with all of the following, EXCEPT:

Study for the Florida 2-20 Statutes Exam. Use flashcards and multiple choice questions with hints and explanations. Prepare effectively!

A General Lines Agent, who is licensed to sell various types of insurance, is allowed to share commissions under certain regulated conditions. The rules governing commission sharing specify that it can be done with other licensed persons or entities in the insurance business.

Incorporated insurance agencies, non-resident general lines agents, and resident general lines agents are all operating within the framework of the insurance industry and are subject to regulations that permit them to receive commissions for services rendered in the sale or management of insurance policies. Therefore, sharing commissions with these parties is acceptable because they are considered professionals within the same field.

On the other hand, a real estate agent is not licensed to sell insurance and operates under a different regulatory framework entirely. Since real estate agents do not fall within the scope of licensed insurance professionals, a General Lines Agent is prohibited from sharing commissions with them. This distinction is crucial as it upholds the integrity of regulatory practices within the insurance industry.

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