31A-23a-206. Special requirements for variable contracts line of authority.
(1) Before applying for a variable contracts line of authority, a producer or consultant
shall be licensed under Section 61-1-3 as a:
(a) broker-dealer; or
(b) agent.
(2) A producer's or consultant's variable contracts line of authority is revoked on the day
the producer's or consultant's license under Section 61-1-3 is no longer valid.
Renumbered and Amended by Chapter 298, 2003 General Session
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Last revised: Thursday, May 28, 2009