(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a trust fund to be known as the “Insurance Continuing Education Trust Fund”.
(b) The fund shall consist of certification filing fees as provided in § 23-64-306.
(c) The fund shall be used for administering continuing education provisions for insurance agents, solicitors, consultants, and brokers as provided in § 23-64-301 et seq.