West Virginia Statutes

§ 33-11A-14 — Physical location of insurance sales

West Virginia·Ch. 33  INSURANCE·Art. 11A INSURANCE SALES CONSUMER PROTECTION ACT
The place of solicitation or sale of insurance by any financial institution or on the premises of any financial institution shall be clearly and conspicuously signed so as to be readily distinguishable by the public as separate and distinct from the financial institution's lending and deposit-taking activities. In the event that a person which would otherwise be subject to the requirements set forth in this provision does not have the physical space to so comply, the commissioner may grant a waiver of the requirements of this section upon a written request by such person demonstrating that, due to its small physical facilities, compliance is not possible, and including identification of other steps which will be taken to minimize customer confusion.

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Legislative History

1997 Reg. Sess., HB2198

Nearby Sections

15
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