Pennsylvania Code
Title 31 - INSURANCE
Part IV - Life Insurance
Chapter 82 - VARIABLE LIFE INSURANCE
QUALIFICATION OF AGENTS AND BROKERS FOR THE SALE OF VARIABLE LIFE INSURANCE
Section 82.82 - Reports of disciplinary actions
Current through Register Vol. 54, No. 44, November 2, 2024
A person qualified in this Commonwealth under this chapter to sell or offer to sell variable life insurance shall immediately report to the Commissioner:
(1) A suspension or revocation of his agent's license in another state or territory of the United States.
(2) The imposition of a disciplinary sanction, including suspension or expulsion from membership, suspension or revocation of or denial of registration imposed upon him by any national securities exchange, national securities association or a Federal, State or territorial agency with jurisdiction over securities or variable life insurance.
(3) A judgment or injunction entered against him on the basis of conduct deemed to have involved fraud, deceit, misrepresentation or violation of an insurance or securities law or regulation.