Title 31A Chapter 23a Section 104

Insurance Code
Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries
Section 104
Application for individual license -- Application for agency license.

            

31A-23a-104.   Application for individual license -- Application for agency license.

            (1) This section applies to an initial or renewal license as a:

            (a) producer;

            (b) surplus lines producer;

            (c) limited line producer;

            (d) consultant;

            (e) managing general agent; or

            (f) reinsurance intermediary.

            (2) (a) Subject to Subsection (2)(b), to obtain or renew an individual license, an individual shall:

            (i) file an application for an initial or renewal individual license with the commissioner on forms and in a manner the commissioner prescribes; and

            (ii) pay a license fee that is not refunded if the application:

            (A) is denied; or

            (B) is incomplete when filed and is never completed by the applicant.

            (b) An application described in this Subsection (2) shall provide:

            (i) information about the applicant's identity;

            (ii) the applicant's Social Security number;

            (iii) the applicant's personal history, experience, education, and business record;

            (iv) whether the applicant is 18 years of age or older;

            (v) whether the applicant has committed an act that is a ground for denial, suspension, or revocation as set forth in Section 31A-23a-105 or 31A-23a-111;

            (vi) if the application is for a resident individual producer license, certification that the applicant complies with Section 31A-23a-203.5; and

            (vii) any other information the commissioner reasonably requires.

            (3) The commissioner may require a document reasonably necessary to verify the information contained in an application filed under this section.

            (4) An applicant's Social Security number contained in an application filed under this section is a private record under Section 63G-2-302.

            (5) (a) Subject to Subsection (5)(b), to obtain or renew an agency license, a person shall:

            (i) file an application for an initial or renewal agency license with the commissioner on forms and in a manner the commissioner prescribes; and

            (ii) pay a license fee that is not refunded if the application:

            (A) is denied; or

            (B) is incomplete when filed and is never completed by the applicant.

            (b) An application described in Subsection (5)(a) shall provide:

            (i) information about the applicant's identity;

            (ii) the applicant's federal employer identification number;

            (iii) the designated responsible licensed producer;

            (iv) the identity of the owners, partners, officers, and directors;

            (v) whether the applicant has committed an act that is a ground for denial, suspension, or revocation as set forth in Section 31A-23a-105 or 31A-23a-111; and

            (vi) any other information the commissioner reasonably requires.


Amended by Chapter 253, 2012 General Session