Statutes, codes, and regulations
Maine Administrative Code
Department 02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATIONDivision 031 - BUREAU OF INSURANCEChapter 310 - VARIABLE ANNUITY RULE
Article XI - Authorization of Agents for the Sale of Variable Annuities
Section 031-310-XI-3 - Refusal to qualify agent to sell variable annuities or suspension, revocation, or nonrenewal of authority

02-031-310 Me. Code R. § XI-3

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Current through 2025-03, January 15, 2025
Section 031-310-XI-3 - Refusal to qualify agent to sell variable annuities or suspension, revocation, or nonrenewal of authority

The Superintendent may reject any application or refuse to renew or initiate proceedings to suspend or revoke any agent's authority to sell or offer to sell variable annuities for cause including that which would bar such applicant or such agent from being licensed to sell other such insurance contracts in this state.

02-031 C.M.R. ch. 310, § XI-3