D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 26. INSURANCE, SECURITIES, AND BANKING |
SubTilte 26-A. INSURANCE |
Chapter 26-A27. VARIABLE LIFE INSURANCE CONTRACTS |
Section 26-A2735. REFUSAL TO QUALIFY AGENT TO SELL VARIABLE LIFE INSURANCE: SUSPENSION, REVOCATION, OR NONRENEWAL OF QUALIFICATION
Latest version.
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2735.1The Commissioner may reject any application or suspend or revoke or refuse to renew any agent's qualification under this chapter to sell or offer to sell variable life insurance upon any ground that would bar such applicant or such agent from being licensed to sell other life insurance contracts in the District. The rules governing any proceeding relating to the suspension or revocation of an agent's license shall also govern any proceeding for suspension or revocation of an agent's qualification to sell or offer to sell variable life insurance.
source
Final Rulemaking published at 42 DCR 1047 (February 24, 1995).