Ga. Comp. R. & Regs. R. 120-2-76-.04 - Financial Institutions Registering as an Agency
(1) The conduct of insurance transactions in
association with a financial institution shall be subject to the requirements
of O.C.G.A. §
33-23-3 and Georgia Insurance
Department Regulation
120-2-3-.05.
(2) Each financial institution where a
licensed and appointed insurance agent is engaged in transactions with respect
to insurance products shall be considered an insurance agency for purposes of
O.C.G.A. §
33-23-3 and must register with
this Department pursuant to Georgia Regulation Chapter
120-2-3-.05 using Form GID
130FI.
(3) GID Form 423FI must
identify all locations or branches from which insurance will be sold.
Notes
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