(NAR) VOL. II NO. 2 / APRIL - JUNE 1991
"SEC. 387. No government office or agency having the duty of implementing the provisions of this Chapter nor any official or employee thereof shall act as agent in procuring the insurance policy or surety bond provided for herein. The commission of an agent procuring the said policy or bond shall in no case exceed ten per centum of the amount of the premiums therefor." (underscoring supplied)Please be guided accordingly.
"SEC. 389. Whenever any violation of the provisions of this Chapter is committed by a corporation or association, or by a government office or entity, the executive officer or officers of said corporation, association or government office or entity who shall have knowingly permitted, or failed to prevent, said violation shall be held liable as principals.