Rule 120-2-71-.14 - Access to Records and Premises(1) An insurance agent marketing annuities is responsible for maintaining such records as are necessary to enable the Department to determine that transactions under his or her license comply with all applicable requirements of the insurance code and for making such records available to the Georgia Insurance Department.(2) If the licensed insurance agent markets other products, provides other services, or maintains other information regarding the customer which related to other than annuity transactions, all records relating to annuity transactions shall be separately maintained.(3) The Commissioner of Insurance shall have access to the books and records relating to the sale of annuities irrespective of the physical location of such books and records.(4) A contract or agreement regarding the sale of annuities between the financial institution and any independent insurance agent or other person conducting annuity transactions shall be in writing and available for inspection by the Georgia Insurance Department.Ga. Comp. R. & Regs. R. 120-2-71-.14
O.C.G.A. Secs. 33-2-9, 33-2-11, 33-3-23.
Original Rule entitled "Access to Records and Premises" adopted. F. Jul. 19, 1996; eff. Aug. 8, 1996.