GroundRules
Utah Code § 31A-23a-206: Special requirements for variable contracts line of authority.
Where this section sits in the code
- Title 31A Insurance Code
- Chapter 31A-23a Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries
- Part 31A-23a-2 Producers and Consultants
(1) Before applying for a variable contracts line of authority:
(a) a producer shall be licensed under Section 61-1-3 as a:
(i) broker-dealer; or
(ii) broker-dealer agent; and
(b) a consultant shall be licensed under Section 61-1-3 as an:
(i) investment adviser; or
(ii) investment adviser representative.
(2) A producer's or consultant's variable contracts line of authority is canceled on the day the producer's or consultant's securities related license under Section 61-1-3 is no longer active.
Collected 2026-09-03T11:34:33Z. Source file · JSON