Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 80 - TRADE PRACTICES
Section 836-080-0183 - Insurance Producer Training
Universal Citation: OR Admin Rules 836-080-0183
Current through Register Vol. 63, No. 9, September 1, 2024
(1) A producer may not solicit the sale of an annuity unless the producer has knowledge that is adequate to make a recommendation of the annuity, has complied with the insurer's standards for product training, and meets the requirements of ORS 743.262(13).
(2)
(a) A provider of an annuity training course
intended to comply with this section shall register as a continuing education
provider in this state and comply with the rules and guidelines applicable to
insurance producer continuing education courses as set forth in ORS 744.072 and
OAR 836-071-0180 to 836-071-0250.
(b) Annuity training courses may be conducted
and completed by classroom or self-study methods in accordance with ORS 744.072 and OAR 836-071-0180 to 836-071-0250.
(c) Providers of annuity training shall
comply with the reporting requirements and shall issue certificates of
completion in accordance with OAR 836-071-0180 to 836-071-0250.
Statutory/Other Authority: ORS 731.244 & 743.262
Statutes/Other Implemented: ORS 746.100, 746.110, 746.240 & 743.262
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