Ga. Comp. R. & Regs. 120-2-71-.10

Current through Rules and Regulations filed through October 29, 2024
Rule 120-2-71-.10 - Disclosure of Employment Status for Agents Employed by Financial Institutions

If employees of the financial institution that have contact with the general public or financial institution customers with respect to lending, checking, deposit taking, or trust activities are licensed as insurance agents to sell annuities, in addition to the other disclosures required by this section, the employee shall disclose verbally at the time a solicitation is made or an application is taken that the employee is acting as an insurance agent representing one or more specifically identified insurance companies, and that the annuity is not issued or guaranteed by the financial institution.

Ga. Comp. R. & Regs. R. 120-2-71-.10

O.C.G.A. Secs. 33-2-9, 33-3-23, 33-6-12.

Original Rule entitled "Disclosure of Employment Status for Agents Employed by Financial Institutions" adopted. F. Jul. 19, 1996; eff. Aug. 8, 1996.