Statutes, codes, and regulations
Mississippi Administrative Code
Title 19 - Department of InsurancePart 2 - Life Insurance
Chapter 2 - (LA&H 73-3) Companies and Agents Offering Life Insurance Plans to College Students Under a Premium Financing Arrangement
Rule 19-2-2.07 - Prerequisites To Sale Or Transfer Of Note And To Payment Of Commissions

19 Miss. Code. R. 2-2.07

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Current through December 10, 2024
Rule 19-2-2.07 - Prerequisites To Sale Or Transfer Of Note And To Payment Of Commissions

If the payee or intended assignee of the note is the insurer or any affiliate thereof, except the agent, the promissory note must not be sold or otherwise transferred by the payee, nor any commissions paid to the agent until the form outlined in Rule 2.05 above has been received in the home office of the company.

19 Miss. Code. R. 2-2.07

Miss. Code Ann. §§ 83-5-1; 83-5-29 (Rev. 2011)