12 CFR 208.86 - Qualification and licensing requirements for insurance sales personnel.
Code of Federal Regulations - Title 12: Banks and Banking (December 2005)
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TITLE 12 - BANKS AND BANKING
CHAPTER II - FEDERAL RESERVE SYSTEM
SUBCHAPTER A - BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
PART 208 - MEMBERSHIP OF STATE BANKING INSTITUTIONS IN THE FEDERAL RESERVE SYSTEM (REGULATION H)
subpart h - CONSUMER PROTECTION IN SALES OF INSURANCE
208.86 - Qualification and licensing requirements for insurance sales personnel.
A bank may not permit any person to sell or offer for sale any insurance product or annuity in any part of its office or on its behalf, unless the person is at all times appropriately qualified and licensed under applicable State insurance licensing standards with regard to the specific products being sold or recommended.
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