15 USC 6752 - Purpose

U.S Code last checked for updates: Nov 23, 2024

§ 6752.

Purpose

The purpose of the Association shall be to provide a mechanism through which licensing, continuing education, and other nonresident insurance producer qualification requirements and conditions may be adopted and applied on a multi-state basis without affecting the laws, rules, and regulations, and preserving the rights of a State, pertaining to—

(1)

licensing, continuing education, and other qualification requirements of insurance producers that are not members of the Association;

(2)

resident or nonresident insurance producer appointment requirements;

(3)

supervising and disciplining resident and nonresident insurance producers;

(4)

establishing licensing fees for resident and nonresident insurance producers so that there is no loss of insurance producer licensing revenue to the State; and

(5)

prescribing and enforcing laws and regulations regulating the conduct of resident and nonresident insurance producers.

(Pub. L. 106–102, title III, § 322, as added Pub. L. 114–1, title II, § 202(a), Jan. 12, 2015, 129 Stat. 13.)

cite as: 15 USC 6752