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An appointed representativeG may be a natural or corporate person. An appointed representative may be a CBB licensed firm (e.g. a bank) that does not hold any of the permissions of insurance firmG , insurance brokerG , or insurance consultantG . Where the appointed representativeG is a corporate entity, its memorandum and articles of association must include the activities of the appointed representativeG of the CBB licensed insurance firmG , as required under Resolution 11 issued as per Article 74 of the CBB Law.

Amended: October 2009
Amended: July 2007
(3 Versions)
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