191—10.3 (522B) Requirement to hold a license.
	 10.3(1) No person may sell, solicit or negotiate insurance in Iowa until that person has been issued an Iowa insurance producer license.
	 10.3(2) A person offering to the public, for a fee or commission, to engage in the business of offering any advice, counsel, opinion or service with respect to the benefits, advantages or disadvantages promised under any policy of insurance must be licensed as insurance producer.
	 10.3(3) A person shall not advise an Iowa resident to cancel, not renew, or otherwise change an existing insurance policy unless that person holds an Iowa insurance producer license regarding the line of insurance for which the advice is given. This subrule shall not apply to a licensed attorney or certified public accountant who does not sell or solicit insurance.
	 10.3(4) The license itself does not provide the producer with any authority to represent or commit an insurer.