33-17-408. Reciprocity -- nonresident insurance producer licensing and continuing education. (1) The commissioner shall waive any requirements, except for the requirements of 33-17-401, for a nonresident applicant for an insurance producer's license who has a valid license from the applicant's home state if the applicant's home state awards nonresident licenses to residents of this state on the same basis.
(2) A nonresident insurance producer's satisfaction of the insurance producer's home state's continuing education requirements for licensed insurance producers constitutes satisfaction of this state's continuing education requirements if the nonresident insurance producer's home state recognizes the satisfactions of its continuing education requirements imposed upon insurance producers from this state on the same basis.
History: En. Sec. 8, Ch. 106, L. 2001.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 17. Insurance Producers, Adjusters, Consultants, and Administrators
33-17-401. Nonresident insurance producer -- license
33-17-405. Service of process -- commissioner as agent
33-17-406. Nonresident insurance producer subject to insurance code
33-17-407. Nonresident insurance producer to pay taxes -- annual report required
33-17-408. Reciprocity -- nonresident insurance producer licensing and continuing education