§431:12-107  Payroll deductions and premiumcollections.  A mass merchandising agreement may provide for the collectionof premiums from employees by payroll deductions, assessments, or otherwise,and the remittance of the same to the insurer by the employer; provided that:

(1)  No such collection and remittance of premiums bythe employer shall constitute collection of premium within the meaning of thiscode;

(2)  No act of furnishing information about suchcollection method by the employer to its employees shall constitutesolicitation of applications for insurance; and

(3)  The employer shall not be considered an insuranceproducer for purposes of this code by virtue of the employer's collection andremittance of premiums or the furnishing of information about such collectionmethod. [L 1987, c 347, pt of §2; am L 2003, c 212, §102]