§ 27-32-7. Regulation of issuance and sale of agreements Rules and regulations.
Notwithstanding any other provisions of law, the insurance commissioner shall have sole authority to regulate the issuance and sale of the agreements and to issue reasonable rules and regulations necessary to carry out the purposes and provisions of this chapter. Provided, the insurance commissioner shall license any person selling annuities.
(P.L. 1966, ch. 161, § 1; P.L. 1996, ch. 354, § 1.)