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[O048]

overriding commission

That portion of a commission received and retained by a general agent after paying the other portion to a producing agent whose business is supervised by that general agent. Also known as overwriting commission.

Copyright: The Rough Notes Company, Inc., 1998, All Rights Reserved. 3040100

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Moran Insurance
696 Ritchie Highway
Severna Park, MD 21146
410-544-3422 | 800-544-3164 | Fax 410-544-6834

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