20-288. Exemption from examination
A. An individual who applies for an insurance producer license in this state and who was previously licensed for the same lines of authority in another state is not required to take an examination if either:
1. The applicant is currently licensed in the other state.
2. The application is received within ninety days after the cancellation of the resident license that the applicant held in another state and the other state issues a certification that, at the time of cancellation, the applicant was in good standing in that state, or other reliable information available to the director indicates that the applicant is or was licensed in good standing for the line of authority requested. This paragraph does not apply to an applicant who fails an examination administered by this state for a specific line of authority four times within a twelve-month period, who becomes licensed as a resident in another state for the specific line of authority and who cancels the license in the other state and applies for a resident license in this state within one year of the last examination administered to the applicant by this state for the specific line of authority.
B. The following applicants are not required to take an examination:
1. An applicant for timely renewal of a license.
2. An applicant for the same type of license that covers the same lines of authority for which the applicant was licensed in this state, other than under a temporary license, within the twelve months preceding the date of application.
3. An applicant for an insurance producer license with authority for limited line insurance as defined in section 20-281, unless the applicant seeks to offer limited line crop insurance.
4. An applicant for a license as a nonresident insurance producer who meets the requirements of section 20-287, subsection A.
5. An applicant for a rental car agent license that is issued pursuant to section 20-331.
6. An applicant for a self-service storage agent license that is issued pursuant to section 20-332.
7. An applicant who resides in a state that does not license adjusters and who will be only adjusting portable electronics insurance policy claims in this state.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.