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Electronic Code of Federal Regulations

e-CFR data is current as of June 3, 2020

Title 12Chapter IPart 14 → §14.60


Title 12: Banks and Banking
PART 14—CONSUMER PROTECTION IN SALES OF INSURANCE


§14.60   Qualification and licensing requirements for insurance sales personnel.

A bank or Federal savings association may not permit any person to sell or offer for sale any insurance product or annuity in any part of its office or on its behalf, unless the person is at all times appropriately qualified and licensed under applicable State insurance licensing standards with regard to the specific products being sold or recommended.

[65 FR 75839, Dec. 4, 2000, as amended at 79 FR 28399, May 16, 2014]

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