South Dakota Regulation - Goes into effect January 1, 2023

Agents who have already completed a four-hour NAIC training course prior to January 1, 2023, must satisfy one of the requirements below:

• A new 4-hour annuity training course approved by the state insurance department after January 1, 2023; or
• An additional one-time 1-hour credit training course approved by the state insurance department on sales practices under the new NAIC regulation

Agents who have already completed a four-hour NAIC training course prior to January 1, 2023, taking the 1-hour credit training must take the 1-hour course prior to July 1, 2023. If the 1-hour training is not satisfied by the July 1, 2023 deadline, they will be required to take a four-credit training course prior to signing and dating a client application on or after July 1, 2023.

Agents who have not completed a four-hour NAIC training prior to January 1, 2023, must do so prior to signing and dating a client application on or after January 1, 2023.

New Mexico Regulation - Goes into effect October 1, 2022

Agents who have already completed a four-hour NAIC training course prior to October 1, 2022, must satisfy one of the requirements below:

• A new 4-hour annuity training course approved by the state insurance department after October 1, 2022; or
• An additional one-time 1-hour credit training course approved by the state insurance department on sales practices under the new NAIC regulation

Agents who have already completed a four-hour NAIC training course prior to October 1, 2022, taking the 1-hour credit training must take the 1-hour course prior to April 1, 2023. If the 1-hour training is not satisfied by the April 1, 2023 deadline, they will be required to take a four-credit training course prior to signing and dating a client application on or after April 1, 2023.

Agents who have not completed a four-hour NAIC training prior to October 1, 2022, must do so prior to signing and dating a client application on or after October 1, 2022.