Rule 80-5-4-.03 - Licensure of Agents and Agency(1) A financial institution that intends to sell insurance either through an independent agent or through its own licensed employees shall be considered an Agency under Department of Insurance Regulation § 120-2-3-.05 and must meet any requirements of that Regulation Chapter.(2) Any individual who solicits, sells or markets insurance in association with a financial institution located in Georgia must be licensed as an insurance agent by the Office of Commissioner of Insurance.Ga. Comp. R. & Regs. R. 80-5-4-.03
O.C.G.A. Secs. 7-1-61, 7-1-261(11).
Original Rule entitled "Licensure of Agents and Agency" was f. on Feb. 17, 1997; eff. Mar. 10, 1997.