Compilation of Rules and Regulations of the State of Georgia
Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER
Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE
Subject 120-2-71 - SALE OF ANNUITIES BY FINANCIAL INSTITUTIONS
Rule 120-2-71-.05 - Licensure of Agents

(1) Any individual soliciting, selling or marketing annuities to individuals permanently or temporarily residing in this state must be licensed and appointed as an insurance agent in accordance with the provisions of the Georgia Insurance Code and Georgia Insurance Department Regulation Chapter 120-2-22-.07.

(2) No licensed and appointed insurance/annuity agent shall, while working from within and on behalf of a financial institution, transact any lines of insurance other than annuities except to the extent permitted by O.C.G.A. § 33-3-23.