A depository institution may not permit any person to sell or offer for sale any insurance product or annuity in any part of its office or on its behalf, unless the person is at all times appropriately qualified and licensed as required by this code with regard to the specific products being sold or recommended.
Cal. Ins. Code § 764
Consumer Protection in Sales of Insurance by or Through Depository Institutions
Added by Stats. 2002, Ch. 203, Sec. 2
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.