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COMMONWEALTH OF PENNSYLVANIA

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31 Pa. Code § 82.83. Refusal to qualify agent to sell variable life insurance; suspension, revocation or nonrenewal of qualification.

§ 82.83. Refusal to qualify agent to sell variable life insurance; suspension, revocation or nonrenewal of qualification.

 The Commissioner may reject an application or suspend or revoke or refuse to renew the qualification of an agent under this section to sell or offer to sell variable life insurance, upon grounds that would bar the applicant or the agent from being licensed to sell other life insurance contracts in this Commonwealth. The rules governing proceedings relating to the suspension or revocation of the license of an agent shall also govern a proceeding for suspension or revocation of the qualification of an agent to sell or offer to sell variable life insurance.

Source

   The provisions of this §  82.83 adopted August 4, 1978, effective September 5, 1978, 8 Pa.B. 2171; corrected June 30, 1989, effective retroactive to April 29, 1989, 19 Pa.B. 2754. Immediately preceding text appears at serial page (137060).


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