Consultant - Exceptions to licensing requirement

A person may not act as an insurance consultant until licensed as such by the commissioner. However, a license as an insurance consultant is not required of: 1. An attorney licensed to practice law in this state acting in the attorney's professional capacity. 2. A licensed insurance producer or surplus lines insurance producer. 3. A trust officer of a bank acting in the normal course of the trust officer's employment. 4. An actuary or a certified public accountant who provides information, recommendations, advice, or services in the actuary's or the certified public accountant's professional capacity.