Iowa Admin. Code r. 191-56.12

Current through Regsiter Vol. 46, No. 26, June 12, 2024

Rule 191-56.12 - Requirements of sales agents

(1) Each person who performs any sales or promotional function for the association, deals with the rates or claims, or makes representations about the available coverage is a "person" within the meaning of Iowa Code chapter 507B and must be of good character and competence.

(2) A licensed insurance agent qualifies under subrule 56.12(1).

(3) The trustees must annually file for approval a list of the names, addresses, and backgrounds of all persons to which subrule 56.12(1) applies. In the case of licensed insurance agents, the name and social security number is sufficient.

Iowa Admin. Code r. 191-56.12