- (a) In addition to completing the annuity certification course required by §19.1028 of this subchapter (relating to Annuity Certification Course), a licensee who sells, solicits, or negotiates a contract for an annuity or represents an insurer in relation to an annuity in this state, or intends to sell, solicit, or negotiate a contract for an annuity or represent an insurer in relation to an annuity in this state must complete at least four hours of department certified annuity continuing education in compliance with this section.
- (b) If a licensee completes the annuity certification course required by §19.1028 of this subchapter before the expiration of the 12th month of the licensee's licensing period, the continuing education required by this section must be completed by the end of the expiration of that licensing period. If a licensee completes the annuity certification course required by §19.1028 of this subchapter after the 12th month of the licensee's licensing period, the continuing education required by this section must be completed before the expiration of the 12th month in the licensing period following the licensing period in which the licensee completed the annuity certification course.
- (c) For each successive licensing period following the expiration of a licensee's license occurring on or after April 1, 2010, and after a licensee has completed the annuity certification course required by §19.1028 of this subchapter, a licensee subject to the requirements of this section must complete at least four hours of department certified annuity continuing education every twelve months, calculated from the date of the license renewal.
(d) The department certified continuing education required under subsection (a) of this section must:
- (1) comply with the requirements of §19.1006 of this subchapter (relating to Course Criteria); and
- (2) enhance the knowledge, understanding, and professional competence of the student with regard to one or more of the subjects described §19.1028(g)(1) - (4) of this subchapter.
Source Note:The provisions of this §19.1029 adopted to be effective February 21, 2010, 35 TexReg 1271.