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. Authority: O.C.G.A. Secs. 7-1-61 , 7-1-261(11) . History. Original Rule entitled "Licensure of Agents and Agency" was f. on Feb. 17, 1997; eff. Mar. 10, 1997.