Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69B - Division of Insurance Agent and Agency Services
Chapter 69B-235 - SALE OF NON-INSURANCE PRODUCTS BY INSURANCE REPRESENTATIVES
Section 69B-235.003 - Sale of Certificates of Deposit
Universal Citation: FL Admin Code R 69B-235.003
Current through Reg. 50, No. 187; September 24, 2024
(1) Activities of licensed general lines and life insurance agents authorized by Section 517.12(21), F.S., are considered activities under the agents' licenses for purposes of Sections 626.611 and 626.621, F.S.
(2) In determining whether an agent has been a source of injury or loss to the public within the meaning of Section 626.621(6), F.S., the Office will consider the facts applicable to each transaction.
(a) Conduct determined by the Office of
Financial Regulation to violate Sections
517.301 and
517.311, F.S., constitutes
conduct that is a source of injury or loss to the public within the meaning of
Section 626.621(6),
F.S.
(b) The Office will apply the
standards established in Chapter 626, Part IX, F.S., against engaging in unfair
methods of competition or in unfair or deceptive acts or practices in the
conduct of business under an agent's license, to agent transactions authorized
under Section 517.12(21),
F.S.
Rulemaking Authority 624.308(1) FS. Law Implemented 517.12, 624.307(1), 626.611, 626.621 FS.
New 1-16-03 Formerly 4-235.003, Amended 3-10-15.
Disclaimer: These regulations may not be the most recent version. Florida may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
