§431:9A-109 - Exemption from examination.
§431:9A-109 Exemption from examination. (a) Subject to section 431:9A-116, an individual who applies for an insuranceproducer license in this State who was previously licensed for the same linesof authority in another state shall not be required to complete anyprelicensing education or examination. This exemption is only available if theperson is currently licensed in that state or if the application is receivedwithin ninety days of the cancellation of the applicant's previous license andif the prior state issues a certification that, at the time of cancellation,the applicant was licensed in good standing in that state, or the state'sproducer database records, maintained by the National Association of InsuranceCommissioners, its affiliates, or its subsidiaries, indicate that the produceris or was licensed in good standing for the line of authority requested.
(b) A person licensed as an insurance producerin another state who moves to this State shall make application within ninetydays of establishing legal residence to become a resident licensee pursuant tosection 431:9A-106. No prelicensing educational component or examination shallbe required of that person to obtain any line of authority previously held inthe prior state except where the commissioner determines otherwise by rule. [L2001, c 216, pt of §2; am L 2003, c 212, §63]