HOUSE DOCKET, NO. 669        FILED ON: 1/18/2011

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 300

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Ronald Mariano

_________________

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 adoption of the accompanying bill:

An Act relative to continuing education of insurance producers.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Ronald Mariano

3rd Norfolk

1/18/2011

Edward F. Coppinger

10th Suffolk

2/1/2011


HOUSE DOCKET, NO. 669        FILED ON: 1/18/2011

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 300

By Mr. Mariano of Quincy, a petition (accompanied by bill, House, No. 300) of Ronald Mariano and Edward F. Coppinger relative to continuing education of insurance producers.  Financial Services.

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 963 OF 2009-2010.]

 

The Commonwealth of Massachusetts

 

_______________

In the Year Two Thousand Eleven

_______________

 

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.