If an agency is being released and receives commission on behalf of any agents, each agent must submit an MGA assignment form in addition to the agency. If there are agents who are not realigning with the agency, a Delegated Commission Assignment Form must be submitted to update their payee. Failure to do so could prevent or delay the processing of this request.
I understand that if I would like to discontinue my relationship with the above GA at any time, I will need to follow the Agent Release Policy as outlined in the Producer Partnership Plan.