GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1991

H	1 

HOUSE BILL 621

Short Title:  Continuing Insurance Education.	(Public)
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Sponsors: Representatives Michaux; Barbee, Dockham, Hurley, and Redwine.
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Referred to:  Commerce.
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April 8, 1991

A BILL TO BE ENTITLED
AN ACT TO MODIFY THE REQUIREMENTS FOR CONTINUING EDUCATION OF INSURANCE LICENSEES.
The General Assembly of North Carolina enacts:
Section 1.  G.S. 58-33-130(b) reads as rewritten:
"(b)	The Commissioner may adopt rules to provide for the continuing professional education of all agents and brokers, including fraternal field marketers, but excluding limited field representatives.  
In issuing the rules, the Commissioner shall provide:
(1)	That agents licensed pursuant to G.S. 58-33-25(c)(1) shall be required to complete no more than 12 hours of continuing professional education per year;
(2)	That agents licensed pursuant to G.S. 58-33-25(c)(2) shall be required to complete no more than six hours of continuing professional education per year;
(3)	That agents licensed pursuant to G.S. 58-33-25(c)(3) shall be required to complete no more than six hours of continuing professional education per year;
(4)	That an agent with multiple licenses shall be required to complete no more than six hours of continuing professional education per license per year and no more than 12 hours of continuing professional education total per year; and
(5)	That agents licensed continuously in North Carolina for 30 years or more shall be exempt from continuing professional education except for a maximum of two hours per year of continuing professional education to be licensed to sell long-term care insurance.
In issuing the rules, the Commissioner may use the same criteria as specified in subsection (a) of this section."
Sec. 2.  This act is effective upon ratification.