Rule 80-5-3-.09 - Activities of Licensed Agents; Bank Personnel(1) Solicitation and sale of annuity products in association with a financial institution may be provided only by appropriately licensed insurance/annuity agents. Unlicensed employees of the insurance/annuity agent or financial institution may, however, provide clerical or ministerial assistance. Unlicensed employees of the financial institution may refer customers of the financial institution interested in the purchase of annuity products to the appropriate agent in the financial institution or may inform the customer how to reach the agent.(2) Except as permitted by these regulations, an unlicensed employee of the financial institution shall not discuss or promote annuity products or respond to questions about such investments.Ga. Comp. R. & Regs. R. 80-5-3-.09
O.C.G.A. Secs. 7-1-61, 7-1-261(11), 7-1-288.
Original Rule entitled "Activities of Licensed Agents; Bank Personnel" adopted. F. July 18, 1996; eff. August 7, 1996.