Life and annuities licenses; removes certain requirement for nonresident insurance agent. (HB800)

Introduced By

Del. Ken Plum (D-Reston)

Progress

√
 Introduced
√
 Passed Committee
√
 Passed House
√
 Passed Senate
√
 Signed by Governor
√
 Became Law

Description

Insurance; life and annuities licenses.  Removes the requirement that a nonresident insurance agent obtain a life and annuities license from the State Corporation Commission's Bureau of Insurance as a condition to obtaining a variable contract license.  The existing requirement applies even if the nonresident agent does not plan to sell non-variable life or annuities products.   View Full Text »

Outcome

Bill Has Passed
View Bill's History