2006 Utah Code - 31A-23a-206 — Special requirements for variable contracts line of authority.

     31A-23a-206.   Special requirements for variable contracts line of authority.
     (1) Before applying for a variable contracts line of authority, a producer or consultant shall be licensed under Section 61-1-3 as a:
     (a) broker-dealer; or
     (b) agent.
     (2) A producer's or consultant's variable contracts line of authority is revoked on the day the producer's or consultant's license under Section 61-1-3 is no longer valid.

Renumbered and Amended by Chapter 298, 2003 General Session

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