This text of New York § 2202 (Prerequisites) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
§ 2202. Prerequisites.
(a)Certification shall not be made by the\nsuperintendent unless there shall be on file in his office the following\ndocuments:\n (1) a written application by the person to be certified in such form\nand containing such information the superintendent prescribes; and\n (2) a statement executed by an officer of the insurer or the savings\nbank which is to be named in such certificate, that the insurer or bank\nis satisfied that the applicant is trustworthy and competent to\nnegotiate for applications or orders for life insurance or annuity\ncontracts and to solicit and procure from the public such applications\nor orders.\n (b) (1) In order to determine trustworthiness and competency, the\napplicant shall be required to pass a personal written examination to\nthe
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§ 2202. Prerequisites. (a) Certification shall not be made by the\nsuperintendent unless there shall be on file in his office the following\ndocuments:\n (1) a written application by the person to be certified in such form\nand containing such information the superintendent prescribes; and\n (2) a statement executed by an officer of the insurer or the savings\nbank which is to be named in such certificate, that the insurer or bank\nis satisfied that the applicant is trustworthy and competent to\nnegotiate for applications or orders for life insurance or annuity\ncontracts and to solicit and procure from the public such applications\nor orders.\n (b) (1) In order to determine trustworthiness and competency, the\napplicant shall be required to pass a personal written examination to\nthe satisfaction of the superintendent. Such examination shall be held\nat times and places set by the superintendent. Every individual taking\nany such examination shall pay to the superintendent, or at the\nsuperintendent's discretion, directly to any organization that is under\ncontract to provide examination services, an examination fee of an\namount which is the actual documented administrative cost of conducting\nsaid qualifying examination as certified by the superintendent from time\nto time. An examination fee represents an administrative expense and is\nnot refundable.\n (2) No individual shall be qualified to take the examination unless he\npossesses the same qualifications regarding insurance course\nrequirements as those required pursuant to subparagraph (A) of paragraph\ntwo of subsection (f) of section two thousand one hundred three of this\nchapter for agent licensing pursuant to such section.\n (3) The superintendent may accept, in lieu of the examination required\nby paragraph one hereof, the result of any previous written examination\ngiven by him which in his judgment is equivalent to the examination for\nwhich it is substituted.\n (c) The superintendent may refuse to certify any person if, in his\njudgment, such person is not trustworthy and competent, or has failed to\ncomply with any prerequisite for the issuance of such certificate.\n (d) The superintendent may issue a replacement for a currently in\nforce certificate which has been lost or destroyed. Before such\nreplacement certificate shall be issued, there shall be on file in the\noffice of the superintendent a written application for such replacement\ncertificate, affirming under penalty of perjury that the original\ncertificate has been lost or destroyed, together with a fee of fifteen\ndollars.\n