Court of Appeals for the Eleventh Circuit March 11, 1985, 84-7093 (John E. Washburn, Director of Insurance for the State of Illinois v. Gene Rabun, D/B/A Rabun's Insurance Agency)

GODBOLD, Chief Judge:

This case concerns whether an individual who is a licensed Alabama insurance agent is liable for premiums collected by an Alabama corporation of which he is the sole stockholder, officer and director. There are two potential grounds of liability.