20-284

20-284. Application for examination

A. A resident individual applying for an insurance producer license shall pass an
examination within the one year period that precedes the date the director received the
individual's license application unless the individual is exempt pursuant to section
20-288. The examination shall test the knowledge of the individual concerning the lines
of authority for which the application is made, the duties and responsibilities of an
insurance producer and the insurance laws of this state.

B. For an individual called into active military service after passing the
examination, the one year period prescribed by subsection A of this section shall be
extended by the number of days that the individual was in active military service, not to
exceed a total of one and one-half years. An individual applying for an insurance
producer license pursuant to this subsection shall include with the license application a
copy of the documentation from the armed forces showing the period of time that the
individual was in active military service. For the purposes of this subsection, active
military service does not include periodic and routine service as a military reservist.

C. The director shall make the examination available to applicants for licenses
with such frequency as shall meet the reasonable convenience of both the director and
applicants, but at least every sixty days. The director may reasonably prescribe by rule
the time, places and conduct of examinations. Except as provided in subsection H of this
section, the director may require a reasonable waiting period before examination of an
applicant who failed to pass a previous similar examination.

D. The director shall ensure that all examinations are given, conducted and graded
in a fair and impartial manner and without unfair discrimination as among individuals
examined. At the director's discretion, any written examination may be supplemented by an
oral examination of the applicant. The director shall inform the applicant of the result
of the examination within thirty days after the examination.

E. The director may appoint one or more advisory committees to make recommendations
to the director as to the scope, type and conduct of written examinations under this
article. The members of the committee shall serve without pay and without expense to the
state.

F. An individual who fails to appear for the examination as scheduled or who fails
to pass the examination shall reapply for an examination and remit all required fees and
forms before being rescheduled for another examination.

G. An individual shall not take an examination for a line of authority for which
the individual already holds a license in this state.

H. The director shall not allow an individual to take an examination administered
for any line of license authority pursuant to this section more than four times within a
twelve month period. If an individual fails an examination for a specific line of
authority four times, the individual may not take an examination for that line of
authority for one year. For the purposes of this subsection, an individual who fails an
examination that covers more than one line of license authority is considered to have
failed the examination for each individual line of license authority.