The following states recently adopted the new NAIC Best Interest Standard:
Maine: January 1, 2022
Montana: October 1, 2021
North Dakota: January 1, 2022
Texas: September 1, 2021
Virginia: September 2, 2021
Producers in Maine, Montana, North Dakota and Virginia who completed a four-credit training course before the effective date must complete one of the following within six months of the effective date. For producers in Texas one of the following must be completed within four months of the effective date.
A new four-credit training course; or
A one-credit training that covers the new standards and requirements.
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