§431:9-232 Extension of licenses. (a) Prior to the extension of a license, each licensee shall annually pay the fee required in section 431:7-101.
(b) A license for an adjuster or independent bill reviewer shall be inactivated if a licensee fails to pay any required fees or penalties.
An adjuster or independent bill reviewer who allows the adjuster's or independent bill reviewer's license to become inactive for nonpayment of the renewal fee may reinstate that license without the necessity of a written examination; provided that the adjuster or independent bill reviewer:
(1) Pays the fee and a penalty in the amount of fifty per cent of the then unpaid fees within twenty-four months from the inactivation date; and
(2) Is in compliance with all requirements of chapter 431.
The license shall automatically expire if the adjuster or independent bill reviewer does not reinstate the license within the twenty-four-month period.
(c) When the commissioner issues or extends a license, the commissioner shall:
(1) Determine the extension date, which is that date prior to which the license must be extended; and
(2) Notify the licensee in writing of the extension date.
The extension date shall be any date not less than one year and not more than three years after the date of the issue or the last extension of the license. [L 1987, c 347, pt of §2; am L 1999, c 163, §4; am L 2002, c 155, §23; am L 2006, c 154, §18]
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.