Violent Crime Control and Law Enforcement Act. By executing this Agreement, Producer represents and warrants that neither it nor any Representative is prevented from engaging in the business of insurance under the Violent Crime Control and Law Enforcement Act (18 U.S.C. § 1033 et seq.) or any other applicable Law and that Producer and Representatives are in compliance with such Act. The Violent Crime Control and Law Enforcement Act makes it a crime for individuals convicted of certain felonies and offenses to willfully engage in the business of insurance. LIBERTY recommends that Producer contact the Department of Insurance in the state or county Producer is licensed if Producer has any concerns about its ability to engage in the business of insurance. Producer shall notify LIBERTY in writing within thirty (30) days if Producer or any Representative is convicted of a felony at any time in which this Agreement is effective.
Violent Crime Control and Law Enforcement Act. The Broker Dealer and the General Agent shall not knowingly recommend anyone to FLIAC for appointment to conduct insurance business who is disqualified from engaging in the business of insurance under 18 U.S.C. Section 1033 (Violent Crime Control and Law Enforcement Act), or who has not otherwise received consent and/or waiver from an authorized insurance regulator to engage in the business of insurance. The Broker-Dealer shall promptly notify the Distributor in writing if it becomes aware that any Agent who is appointed by FLIAC has updated his or her Form U4 to disclose a conviction that would disqualify him or her from engaging in the business of insurance under 18 U.S.C. Section 1033 (Violent Crime Control and Law Enforcement Act) and has not otherwise received the consent and/or waiver from an authorized insurance regulator to engage in the business of insurance.
