N.C. Gen. Stat. § 58-63-75

Current through Session Law 2024-56
Section 58-63-75 - Senior-specific certifications and professional designations; rules

The Commissioner may adopt rules to set forth standards to protect consumers from misleading and fraudulent marketing practices with respect to the use of senior-specific certifications and professional designations in the solicitation, sale, or purchase of, or advice made in connection with, a life insurance or annuity product. These rules shall be substantially similar to the NAIC Model Regulation on the Use of Senior-Specific Certifications and Professional Designations in the Sale of Life Insurance and Annuities, as amended. The Commissioner may adopt, amend, or repeal provisions of these rules under G.S. 150B-21.1 in order to keep these rules current with the NAIC model rule.

N.C. Gen. Stat. § 58-63-75

Added by 2009 N.C. Sess. Laws 382,s. 15, eff. 10/1/2009.