Latest

HB0759 ~~Engrossed~~ LRB100 06797 SMS 16845 b AN ACT concerning regulation.

HB0759 Enrolled LRB100 06797 SMS 16845 b AN ACT concerning regulation.

HB0759 ~~Engrossed~~ - 2 - LRB100 06797 SMS 16845 b (d) Nothing in Section 500-100 of this Code shall be construed to require a limited lines producer license or any other form or class of producer's license for financial institutions, or their employees, if the financial institution has purchased or sponsored a group credit life, credit accident and health, credit casualty, credit property, or other group credit insurance policy or program under which the financial institution enrolls or performs other administrative services, or both, to enable individuals to purchase insurance coverage under the group credit insurance policy sold by a licensed producer in compliance with Section 155.56.

HB0759 Enrolled - 2 - LRB100 06797 SMS 16845 b (d) Nothing in Section 500-100 of this Code shall be construed to require a limited lines producer license or any other form or class of producer's license for financial institutions, or their employees, if the financial institution has purchased or sponsored a group credit life, credit accident and health, credit casualty, credit property, or other group credit insurance policy or program under which the financial institution enrolls or performs other administrative services, or both, to enable individuals to purchase insurance coverage under the group credit insurance policy sold by a licensed producer in compliance with Section 155.56.