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2001 Florida Statutes
"Administrative agent" defined; continuing education and designation required.
626.032 "Administrative agent" defined; continuing education and designation required.--
(1) As used in this part, "administrative agent" means a life agent or health agent who:
(a) Is employed by a full-time licensed life agent or health agent who shall supervise and be accountable for actions of the administrative agent.
(b) Performs primarily administrative functions.
(c) Receives no insurance commissions.
(d) Does not solicit or transact business outside of the confines of an insurance agency office.
(2) An administrative agent is subject to all requirements of this code applicable to life agents or health agents, except that the number of hours of continuing education required of an administrative agent under s. 626.2815 is one-half the number of hours of continuing education required of a life agent or health agent.
(3) An agent may request, and the department must grant, a designation of "administrative agent" to be prominently printed on the agent's license. The request shall be filed on a form furnished by the department with the administrative agent's application filing fee of $10 and license modification fee established by s. 624.501(16).
(4) An administrative agent who desires removal of the "administrative agent" designation may apply to the department, on forms furnished by the department with an application filing fee of $10 and license modification fee established pursuant to s. 624.501(16). If, during the 24 months preceding the application, the administrative agent completed the full continuing education requirements specified in s. 626.2815, the department shall remove the designation from the agent's license.
History.--s. 6, ch. 92-146.