12 CFR § 14.60 - Qualification and licensing requirements for insurance sales personnel.

---
identifier: "/us/cfr/t12/s14.60"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 14.60 - Qualification and licensing requirements for insurance sales personnel."
title_number: 12
title_name: "Banks and Banking"
section_number: "14.60"
section_name: "Qualification and licensing requirements for insurance sales personnel."
chapter_name: "COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY"
part_number: "14"
part_name: "CONSUMER PROTECTION IN SALES OF INSURANCE"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1  24(Seventh), 92, 93a, 1462a, 1463, 1464, 1818, 1831x, and 5412(b)(2)(B)."
regulatory_source: "65 FR 75839, Dec. 4, 2000, unless otherwise noted."
cfr_part: "14"
---


# 14.60 Qualification and licensing requirements for insurance sales personnel.

A bank or Federal savings association may not permit any person to sell or offer for sale any insurance product or annuity in any part of its office or on its behalf, unless the person is at all times appropriately qualified and licensed under applicable State insurance licensing standards with regard to the specific products being sold or recommended.

[65 FR 75839, Dec. 4, 2000, as amended at 79 FR 28399, May 16, 2014]