Introduced By: Senators Bates and Irons
Date Introduced : January 7, 1998
It is enacted by the General Assembly as follows:
SECTION 1. Section 27-3.2-5 of the General Laws in Chapter 27-3.2 entitled "Continuing Education Requirements" is hereby amended to read as follows:
27-3.2-5. Continuing education advisory board. --
There shall hereby be established the continuing education advisory
board. This board shall consist of two (2) representatives of
the Rhode Island life underwriters association, {DEL two (2 DEL})
{ADD three (3) ADD} representatives of the independent insurance
agents of Rhode Island, {DEL two (2) representatives of the
professional insurance agents of Rhode Island, DEL} two (2)
representatives of the chartered life underwriters, and {DEL one DEL}
{ADD two (2 ADD}) representative{ADD s ADD} of the chartered property
and casualty underwriters. The board members shall be appointed
by the commissioner and shall serve for a two (2) year term; provided,
however, that the initial term of one representative of each of
the above organizations shall be one year. The board shall meet
at least once a year and additionally as required. This board
shall advise the insurance commissioner on the plans and operations
of the continuing education program for any person licensed pursuant
to this title and not exempt under section 27-3.2-3.
SECTION 2. This act shall take effect upon passage.