Bill Text: MA H963 | 2009-2010 | 186th General Court | Introduced


Bill Title: Continuing education of insurance producers

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2010-06-24 - Read; and referred to the Senate Committee on Ethics and Rules [H963 Detail]

Download: Massachusetts-2009-H963-Introduced.html

The Commonwealth of Massachusetts

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PRESENTED BY:

Ronald Mariano

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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
                Court assembled:

                The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:

An Act Relative to Continuing Education of Insurance Producers.

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PETITION OF:

 

Name:

District/Address:

Ronald Mariano

3rd Norfolk

Michael F. Kane

5th Hampden

James T. Welch

6th Hampden

Stephen R. Canessa

12th Bristol

Michael R. Knapik

Second Hampden and Hampshire

Rosemary Sandlin

3rd Hampden

Richard J. Ross

9th Norfolk

Christopher J. Donelan

2nd Franklin

Tom Sannicandro

7th Middlesex

Thomas P. Conroy

13th Middlesex


 

The Commonwealth of Massachusetts

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In the Year Two Thousand and Nine

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An Act Relative to Continuing Education of Insurance Producers.



                Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

Section 177E of chapter 175 of the General Laws, as appearing in the 2006 Official Edition, is hereby amended by inserting after subsection E the following subsection:-

The active annual membership by an individual insurance producer in The National Association of Financial Advisors-Massachusetts may be approved for up to three hours per year of continuing insurance education: Provided, that not more than nine hours of continuing insurance education may be awarded to an individual insurance producer for membership in the organization during a thirty-six month reporting period. Credit for continuing insurance education pursuant to this subdivision may only be awarded to individual insurance producers who are required to complete at least 45 hours of continuing education per 36 month reporting periods.   

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