Rule 80-5-3-.03 - Licensure of Agents and Agency(1) A financial institution that intends to sell annuities either through an independent agent or through its own licensed employees shall be considered an Agency under Department of Insurance Regulation § 120-2-71-.04 and must meet any requirements of that Regulation Chapter(2) Any individual who solicits, sells or markets annuities in association with a financial institution located in Georgia must be licensed as an insurance/annuity agent by the Department of Insurance.Ga. Comp. R. & Regs. R. 80-5-3-.03
O.C.G.A. Secs. 7-1-61, 7-1-261(11), 7-1-288.
Original Rule entitled "Licensure of Agents and Agency" adopted. F. July 18, 1996; eff. August 7, 1996.