§ 82.16. Requirements applicable to contractual services.
A material contract between an insurer and suppliers of consulting, investment, administrative, sales, marketing, custodial or other services with respect to variable life insurance operations shall be in writing and provide that the supplier of the services furnish the Commissioner with information or reports in connection with the services which the Commissioner may request to ascertain whether the variable life insurance operations of the insurer are being conducted in a manner consistent with this chapter and other applicable laws or regulations.
Source The provisions of this § 82.16 adopted August 4, 1978, effective September 5, 1978, 8 Pa.B. 2171; amended April 28, 1989, effective April 29, 1989, 19 Pa.B. 1835; corrected June 30, 1989, effective retroactive to April 29, 1989, 19 Pa.B. 2754. Immediately preceding text appears at serial page (137036).
Cross References This section cited in 31 Pa. Code § 82.11 (relating to scope).
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