SB 905 Modifies requirements for an insurance producer to be exempt from certain continuing education requirements
Sponsor: Sater
LR Number: 6145S.01I Fiscal Note available
Committee: Small Business, Insurance and Industry
Last Action: 4/1/2014 - Voted Do Pass S Small Business, Insurance and Industry Committee Journal Page:
Title: Calendar Position:
Effective Date: August 28, 2014

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Current Bill Summary

SB 905 - Currently certain life insurance producers are exempt from continuing education requirements when dealing exclusively in life insurance polices and annuities designated by the purchaser for the payment of funeral or burial expenses if the initial face amount is less than five thousand and ten thousand dollars respectively. This act increases the maximum amount to fifteen thousand dollars for such policies and annuities.