Rule 120-2-71-.03 - Notification to Department of Intent to Sell Annuities In or Through Financial Institutions(1) Prior to marketing annuities, a financial institution shall provide notification to the Department of Insurance on Form GID 323FI and a copy to the Department of Banking and Finance (DBF). Such report shall: (a) Identify any financial institution location where an insurance/annuity agent will be physically present. Each branch must be identified specifically in the registration;(b) Acknowledge that the financial institution has read and understands these rules; and(c) Identify any insurance company and the policy form numbers of the annuities which will be marketed in association with the financial institution.(2) An Amended Form shall be filed within thirty (30) days if there is a change in any information previously submitted to the Department.Ga. Comp. R. & Regs. R. 120-2-71-.03
O.C.G.A. Secs. 33-2-9, 33-3-23.
Original Rule entitled "Notification to Department of Intent to Sell Annuities In or Through Financial Institutions" adopted. F. Jul. 19, 1996; eff. Aug. 8, 1996.