Rules & Regulations of the State of Tennessee
Title 0780 - Commerce and Insurance
Subtitle 0780-01 - Insurance Division
Chapter 0780-01-19 - Rules and Regulations Governing the Correlated Sales of Life Insurance Policies and Mutual Funds or Other Securities Issued Pursuant to the Authority Vested in the Commissioner of Insurance by T.C.A. Section 56-3-406
Section 0780-01-19-.09 - DUAL LICENSE REQUIRED

No person shall solicit an offer to buy or a sale of a life insurance policy in correlation with the sale of shares of a mutual fund or other security unless he is licensed as a life insurance agent in accordance with the provisions of Chapter 6, Title 56 of T.C.A., and is also licensed to sell securities by the Division of Securities of the Department of Insurance and Banking, State of Tennessee, in accordance with Chapter 48-1625, Tennessee Code Annotated.

Authority: T.C.A. § 56-3-306.