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2010 SESSION

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HB 800 Life and annuities licenses; removes certain requirement for nonresident insurance agent.

Introduced by: Kenneth R. Plum | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Insurance; life and annuities licenses.  Removes the requirement that a nonresident insurance agent obtain a life and annuities license from the State Corporation Commission's Bureau of Insurance as a condition to obtaining a variable contract license.  The existing requirement applies even if the nonresident agent does not plan to sell non-variable life or annuities products. The measure also updates an obsolete reference to the examination licensees are required to pass.


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