Prerequisites ToSale Or Transfer Of Note And To Payment OfCommissions

Prerequisites ToSale Or Transfer Of Note And To Payment OfCommissions If the payee or intended assignee of the note is the insurer or any affiliate thereof, except the agent, the promissory note must not be sold or otherwise transferred by the payee, nor any commissions paid to the agent until the form outlined in Rule 2.05 above has been received in the home office of the company.