HB 253 – AS INTRODUCED
2005 SESSION
10/01
HOUSE BILL 253
AN ACT exempting certified financial planners from requirements for licensure under insurance laws.
SPONSORS: Rep. D.L. Christensen, Hills 19; Rep. Hinkle, Hills 19; Rep. Mooney, Hills 19; Sen. Roberge, Dist 9
COMMITTEE: Executive Departments and Administration
This bill exempts certified financial planners from the license requirement for insurance producers, provided the person does not sell or solicit insurance or receive a commission.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
05-0417
10/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Five
AN ACT exempting certified financial planners from requirements for licensure under insurance laws.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Subparagraph; Insurance; Producer Licensing; Exceptions. Amend RSA 402-J:4, II by inserting after subparagraph (g) the following new subparagraph:
(h) A certified financial planner who counsels or advises his or her client relative to insurance products or interests of the client; provided, that the certified financial planner does not sell or solicit insurance or receive a commission.
2 Effective Date. This act shall take effect 60 days after its passage.