New Hampshire Code of Administrative Rules
Ins - Commissioner, Insurance Department
Chapter Ins 3200 - SALES OF INSURANCE BY FINANCIAL INSTITUTIONS
Part Ins 3203 - PROCEDURES FOR AUTHORITY TO SELL INSURANCE
Section Ins 3203.01 - Insurance Sales Relationships
Universal Citation: NH Admin Rules Ins 3203.01
Current through Register No. 40, October 3, 2024
(a) A licensed financial institution may directly employ a licensed insurance agent or own a subsidiary, all or part of which is an insurance agency.
(b) The financial institution may contract with third parties to assist the financial institution agency's sales activities.
(c) A financial institution's licensed employees or agents shall hold the appropriate license for the lines of insurance which they are actively selling.
#7064, eff 7-24-99
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