2011 US Code
Title 15 - Commerce and Trade
Chapter 93 - INSURANCE (§§ 6701 - 6781)
Subchapter III - NATIONAL ASSOCIATION OF REGISTERED AGENTS AND BROKERS (§§ 6751 - 6766)
Section 6763 - Relationship to State law

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Metadata
Publication TitleUnited States Code, 2006 Edition, Supplement 5, Title 15 - COMMERCE AND TRADE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 15 - COMMERCE AND TRADE
CHAPTER 93 - INSURANCE
SUBCHAPTER III - NATIONAL ASSOCIATION OF REGISTERED AGENTS AND BROKERS
Sec. 6763 - Relationship to State law
Containssection 6763
Date2011
Laws in Effect as of DateJanuary 3, 2012
Positive LawNo
Dispositionstandard
Source CreditPub. L. 106-102, title III, §333, Nov. 12, 1999, 113 Stat. 1432.
Statutes at Large Reference113 Stat. 1432
Public Law ReferencePublic Law 106-102

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15 USC § 6763 (2011)
§6763. Relationship to State law (a) Preemption of State laws

State laws, regulations, provisions, or other actions purporting to regulate insurance producers shall be preempted as provided in subsection (b) of this section.

(b) Prohibited actions

No State shall—

(1) impede the activities of, take any action against, or apply any provision of law or regulation to, any insurance producer because that insurance producer or any affiliate plans to become, has applied to become, or is a member of the Association;

(2) impose any requirement upon a member of the Association that it pay different fees to be licensed or otherwise qualified to do business in that State, including bonding requirements, based on its residency;

(3) impose any licensing, appointment, integrity, personal or corporate qualifications, education, training, experience, residency, or continuing education requirement upon a member of the Association that is different from the criteria for membership in the Association or renewal of such membership, except that countersignature requirements imposed on nonresident producers shall not be deemed to have the effect of limiting or conditioning a producer's activities because of its residence or place of operations under this section; or

(4) implement the procedures of such State's system of licensing or renewing the licenses of insurance producers in a manner different from the authority of the Association under section 6755 of this title.

(c) Savings provision

Except as provided in subsections (a) and (b) of this section, no provision of this section shall be construed as altering or affecting the continuing effectiveness of any law, regulation, provision, or other action of any State which purports to regulate insurance producers, including any such law, regulation, provision, or action which purports to regulate unfair trade practices or establish consumer protections, including countersignature laws.

(Pub. L. 106–102, title III, §333, Nov. 12, 1999, 113 Stat. 1432.)

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