Current through Register No. 50, December 12, 2024
Section Ins 207.02 - Voluntary Surrender of License(a) Any licensee may voluntarily surrender his or her license by returning it to the department, accompanied by a signed letter stating that the licensee intends to surrender his or her license.(b) A licensee who reapplies for licensure in New Hampshire after a voluntary surrender shall meet all of the requirements then in effect for new applicants.(c) The voluntary surrender of a license shall have no effect upon the commissioner's authority to: (1) Investigate violations of insurance laws or the rules by a person licensed at the time the alleged violation occurred; or(2) Impose disciplinary sanctions for violations that occurred while the person was licensed.(d) Nothing in this section shall prohibit the department and a licensee from entering into a settlement agreement or a consent decree relative to any alleged violation.N.H. Admin. Code § Ins 207.02
Derived from Volume XL Number 33, Filed August 13, 2020, Proposed by #13073-A, Effective 7/27/2020.