Rule 80-5-3-.05 - Location of Sale of Annuities(1) When insurance/annuity agent services are provided on the premises of a financial institution, the insurance/annuity agent and the financial institution have a heightened responsibility to ensure appropriate measures are implemented to clearly segregate and distinguish the insurance/annuity agent services from retail deposit taking operations of the financial institution. Insurance/annuity agent services shall be conducted in a physical location distinct from the area where the financial institution's insured deposits are routinely taken.(2) No insurance/annuity agent services shall be conducted from the teller area.Ga. Comp. R. & Regs. R. 80-5-3-.05
O.C.G.A Secs. 7-1-61, 7-1-261(11), 7-1-288.
Original Rule entitled "Location of Sale of Annuities" adopted. F. July 18, 1996; eff. August 7, 1996.