North Dakota Century Code Title 26.1. Insurance § 26.1-34.2-03.1. Producer training

2. a. A producer who engages in the sale of annuity products shall complete a one-time, four-hour training course.

b. The training required under this subsection must include information on the following topics:

c. Providers of courses intended to comply with this subsection shall cover all topics listed in the prescribed outline and may not present any marketing information or provide training on sales techniques or provide specific information about a particular insurer's products. Additional topics may be offered in conjunction with and in addition to the required outline.

d. A producer who has completed an annuity training course approved by the insurance department before January 1, 2022, within six months after such date, shall complete either:

e. Providers of annuity training shall issue certificates of completion.

f. The satisfaction of the training requirements of another state which are substantially similar to the provisions of this subsection are deemed to satisfy the training requirements of this subsection in this state.

g. The satisfaction of the components of the training requirements of a course with components substantially similar to the provisions of this subsection is deemed to satisfy the training requirements of this subsection in this state.

h. An insurer shall verify that the producer has completed the annuity training course required under this subsection before allowing the producer to sell an annuity product for that insurer. An insurer may satisfy the insurer's responsibility under this subsection by obtaining certificates of completion of the training course or obtaining reports from a reasonably reliable commercial database vendor that has a reporting arrangement with insurance education providers.