SECTION 365:25-3-15. Variable product licensing

Latest version.

(a)   Producers who wish to sell a variable life product shall have passed successfully the Oklahoma Life Insurance examination and shall provide proof of current FINRA registration with series 6 or 7 and series 63 or 66.
(b)   No test shall be required of an applicant for a variable annuity license if:
(1)   The applicant provides proof of current FINRA registration with series 6 or 7 and series 63 or 66, and
(2)   The applicant shall pay an additional license fee as required by 36 O.S. § 1435.23(A)(4)(b) with the submission of an application as prescribed by the Insurance Commissioner.

[Source: Added at 15 Ok Reg 1210, eff 1-30-98 (emergency); Added at 15 Ok Reg 3229, eff 7-13-98; Amended at 19 Ok Reg 1310, eff 7-14-02; Amended at 27 Ok Reg 1551, eff 7-14-10; Amended at 28 Ok Reg 1964, eff 7-14-11]

                    
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