Effective as licenses renew 4/1/10 to present. Requirement replaced effective 3/1/12. **Effective 3/1/12 this. one-time training will apply to residents and non-residents. New regulation will match the NAIC annuity suitability model and. will include reciprocity for training taken for another state.
A primary economic activity involves sourcing or extracting natural resources from the land or bodies of water. Natural resources are those that occur naturally and are not... A primary economic activity involves sourcing or extracting natural resources from the land or bodies of water. Natural resources are those that occur naturally and are not manmade. Economic activity produces consumer goods or provides services. 1  Examples of primary economic activities include these examples: 2  Commercial fishing. 3  Farming - growing crops (arable farming) or animal husbandry (pastoral farming) 4  Quarrying - extracting sand or gravel. 5  Mining of minerals, oil and gas extraction, and production.
A passive activity is any activity involving a trade or business in which the. taxpayer does not materially participate. Material participation is defined as regular continuous and substantial. activity rendered on behalf of the trade or business. Real Estate and rental. activities are generally, per-se, passive.