§1420-O. Reciprocity
1. Reciprocity. The superintendent shall waive any requirements for a nonresident license applicant with a valid license from that person's home state, except the requirements imposed by section 1420‑G, if the applicant's home state awards nonresident licenses to residents of this State on the same basis.
[PL 2001, c. 259, §24 (NEW).]
2. Continuing education. Satisfaction of a nonresident producer's home state's continuing education requirements for licensed insurance producers constitutes satisfaction of this State's continuing education requirements if the nonresident producer's home state recognizes the satisfaction of its continuing education requirements imposed upon producers from this State on the same basis.
[PL 2001, c. 259, §24 (NEW).]
SECTION HISTORY
PL 2001, c. 259, §24 (NEW).
Structure Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS
Subchapter 2-A: MAINE PRODUCER LICENSING ACT
24-A §1420. Short title; scope and application
24-A §1420-B. License required
24-A §1420-C. Exceptions to licensing
24-A §1420-D. Application for examination
24-A §1420-E. Application for license
24-A §1420-G. Nonresident licensing
24-A §1420-H. Exemption from examination
24-A §1420-J. Temporary licensing
24-A §1420-K. License denial, nonrenewal or revocation