58-63-75. Senior-specific certifications and professional designations; rules.
The Commissioner may adopt rules to set forth standards to protect consumers from misleading and fraudulent marketing practices with respect to the use of senior-specific certifications and professional designations in the solicitation, sale, or purchase of, or advice made in connection with, a life insurance or annuity product. These rules shall be substantially similar to the NAIC Model Regulation on the Use of Senior-Specific Certifications and Professional Designations in the Sale of Life Insurance and Annuities, as amended. The Commissioner may adopt, amend, or repeal provisions of these rules under G.S. 150B-21.1 in order to keep these rules current with the NAIC model rule. (2009-382, s. 15.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 63 - Unfair Trade Practices.
§ 58-63-1 - Declaration of purpose.
§ 58-63-10 - Unfair methods of competition or unfair and deceptive acts or practices prohibited.
§ 58-63-15 - Unfair methods of competition and unfair or deceptive acts or practices defined.
§ 58-63-20 - Power of Commissioner.
§ 58-63-25 - Hearings, witnesses, appearances, production of books and service of process.
§ 58-63-32 - Cease and desist order.
§ 58-63-35 - Judicial review of cease and desist orders.
§ 58-63-45 - Judicial review by intervenor.
§ 58-63-55 - Provisions of Article additional to existing law.
§ 58-63-60 - Immunity from prosecution.
§ 58-63-65 - Rule-making authority.
§ 58-63-70 - Health care service discount practices by insurers and service corporations.
§ 58-63-75 - Senior-specific certifications and professional designations; rules.