Title 15 — Commerce and Trade
Chapter 93 — Insurance
§ 6752. Purpose
Statutory text
The purpose of the Association shall be to provide a mechanism through which licensing, continuing education, and other nonresident insurance producer qualification requirements and conditions may be adopted and applied on a multi-state basis without affecting the laws, rules, and regulations, and preserving the rights of a State, pertaining to—
licensing, continuing education, and other qualification requirements of insurance producers that are not members of the Association;
resident or nonresident insurance producer appointment requirements;
supervising and disciplining resident and nonresident insurance producers;
establishing licensing fees for resident and nonresident insurance producers so that there is no loss of insurance producer licensing revenue to the State; and
prescribing and enforcing laws and regulations regulating the conduct of resident and nonresident insurance producers.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 106–102 title III § 322 · 113 Stat. 1338
Enacted · 15 U.S.C. § 6752
(Pub. L. 106–102, title III, § 322, as added Pub. L. 114–1, title II, § 202(a), Jan. 12, 2015, 129 Stat. 13.)
Source evidence
Code source credit
(Pub. L. 106–102, title III, § 322, as added Pub. L. 114–1, title II, § 202(a), Jan. 12, 2015, 129 Stat. 13.)Enacted provision · exact public law section
SEC. 322. NATIONAL ASSOCIATION OF REGISTERED AGENTS AND BROKERS. (a) Establishment.— There is established the National Association of Registered Agents and Brokers (hereafter in this subtitle referred to as the “Association”). (b) Status.— The Association shall— (1) be a nonprofit corporation; (2) have succession until dissolved by an Act of Congress; (3) not be an agent or instrumentality of the United States Government; and (4) except as otherwise provided in this Act, be subject to, and have all the powers conferred upon a nonprofit corporation by the District of Columbia Nonprofit Corporation Act (D.C. Code, sec. 29y–1001 et seq.).
1 of 1 references resolved to an enrolled provision
Editorial Notes
Prior Provisions
Provisions similar to this section were contained in section 6753 of this title, prior to the general amendment of this subchapter by Pub. L. 114–1.
A prior section 6752, Pub. L. 106–102, title III, § 322, , 113 Stat. 1424, related to National Association of Registered Agents and Brokers, prior to the general amendment of this subchapter by Pub. L. 114–1. See section 6751 of this title.
Credits
(Pub. L. 106–102, title III, § 322, as added Pub. L. 114–1, title II, § 202(a), , 129 Stat. 13.)