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AGENT/ BROKER warrants that it is their responsibility and they shall remain, properly licensed to conduct business and receive commissions in those jurisdictions in which the insured resides. AGENT/ BROKER shall immediately notify Emerson Reid of any termination, suspension, or expiration of any of the AGENT’s or BROKER’S licenses. AGENT/ BROKER shall comply with all applicable laws and regulations of the subject jurisdictions governing the conduct of business through Emerson Reid.
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