§ 2104. Insurance brokers; licensing. (a) (1) The superintendent may\nissue an insurance broker's license to any individual, firm, association\nor corporation, hereinafter designated as "licensee," who or which is\ndeemed by him trustworthy and competent to act as a broker in such\nmanner as to safeguard the interests of the insured, and who or which is\notherwise qualified as herein required, and who or which has complied\nwith the prerequisites herein prescribed.\n (2) The purpose of this section is to protect the public by requiring\nand maintaining professional standards of conduct on the part of all\ninsurance brokers acting as such within this state.\n (b) (1) Such license shall confer upon the licensee authority to act\nin this state as insurance broker, and upon every natural person named\nas sub-licensee in such license authority to act in this state as\ninsurance broker in the name of and on behalf of such licensee, with\nrespect to the following lines of authority:\n (A) life insurance, variable life and variable annuity products,\naccident and health insurance and sickness or any other line of\nauthority deemed to be similar by the superintendent, including for this\npurpose, health maintenance organization contracts and legal services\ninsurance; or\n (B) any and every line of authority, except life insurance and\nvariable life and variable annuity products.\n (2) A license issued to a corporation may name as sub-licensees only\nthe officers and directors of such corporation, and a license issued to\na firm or association may name as sub-licensees only the individual\nmembers of such firm or association. Each sub-licensee named in such\nlicense must be qualified to obtain a license as an insurance broker,\nand for each such sub-licensee a fee must be paid at the times and at\nthe rates hereinafter specified.\n (3) The license shall contain the licensee's name, address, personal\nidentification number, the date of issuance, the licensee's lines of\nauthority, the expiration date and any other information the\nsuperintendent deems necessary.\n (c) (1) Every individual applicant for such license and every proposed\nsub-licensee shall be of the age of eighteen years or over at the time\nof the issuance of such license. No individual shall be deemed qualified\nto obtain such license or to be named as sub-licensee therein unless he\nshall comply with the requirements of subparagraph (A), (B) or (C)\nfollowing:\n (A) He shall have successfully completed a course or courses, approved\nas to method and content by the superintendent, covering the principal\nbranches of the insurance business and requiring, in the case of a\nlicense under subparagraph (B) of paragraph one of subsection (b) of\nthis section, not less than ninety hours, and in the case of a license\nunder subparagraph (A) of paragraph one of subsection (b) of this\nsection, not less than forty hours of classroom work or the equivalent\nthereof in correspondence work. Such course or courses either were given\nby a degree conferring college or university which has, when such course\nis taken by such individual, a curriculum or curricula registered with\nthe state education department, whether such course be given as a part\nof any such curriculum or separately, or were given by the The College\nof Insurance, or by any other institution which maintains equivalent\nstandards of instruction, which has been continuously in existence for\nnot less than five years prior to the taking of such course by such\nindividual, and which shall have been approved for such purpose by the\nsuperintendent.\n (B) He shall have been regularly employed by an insurance company or\nan insurance agent or an insurance broker, for a period or periods\naggregating not less than one year during the three years next preceding\nthe date of application, in the case of a license under subparagraph (B)\nof paragraph one of subsection (b) of this section, in responsible\ninsurance duties
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