§ 6764. — Coordination with other regulators.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 15USC6764]
TITLE 15--COMMERCE AND TRADE
CHAPTER 93--INSURANCE
SUBCHAPTER III--NATIONAL ASSOCIATION OF REGISTERED AGENTS AND BROKERS
Sec. 6764. Coordination with other regulators
(a) Coordination with State insurance regulators
The Association shall have the authority to--
(1) issue uniform insurance producer applications and renewal
applications that may be used to apply for the issuance or removal
of State licenses, while preserving the ability of each State to
impose such conditions on the issuance or renewal of a license as
are consistent with section 6763 of this title;
(2) establish a central clearinghouse through which members of
the Association may apply for the issuance or renewal of licenses in
multiple States; and
(3) establish or utilize a national database for the collection
of regulatory information concerning the activities of insurance
producers.
(b) Coordination with the National Association of Securities Dealers
The Association shall coordinate with the National Association of
Securities Dealers in order to ease any administrative burdens that fall
on persons that are members of both associations, consistent with the
purposes of this subchapter and the Federal securities laws.
(Pub. L. 106-102, title III, Sec. 334, Nov. 12, 1999, 113 Stat. 1433.)
