N.J. Admin. Code § 11:17-2.6
Current through Register Vol. 57, No. 1, January 6, 2025
Section 11:17-2.6 - License renewal(a) A current licensee shall renew a license in the following manner: 1. Prior to expiration of the current license term, each licensee shall submit a properly completed renewal application, including electronic online submissions, together with payment of renewal fees in accordance with N.J.A.C. 11:17-2.13. The renewal application shall be signed, dated and certified to be correct by the licensee or a licensed officer, partner, owner or designated licensed responsible producer of a licensed business entity, or an authorized submitter for electronic online submissions. The licensee shall certify that he, she or it continues to be qualified in accordance with the insurance laws of New Jersey.(b) Failure to submit the renewal application for receipt by the date of expiration shall be deemed to establish that the license expired on the expiration date shown, and that the licensee was not thereafter authorized to engage in any activities for which the license is required.(c) If an applicant's license has lapsed for a period of less than one year, the applicant may apply for late renewal of the license within one year of the date the license expired if evidence of the following is provided: 1. Proof of completion of continuing education credits when required by N.J.A.C. 11:17-3.6;2. The applicant's certification which shall state whether or not the applicant has transacted any business as an insurance producer during the unlicensed period and, if so, the number of policies written, renewed or modified by endorsement or other means; and3. Late renewal fee as provided by N.J.A.C. 11:17-2.13.(d) An applicant who files a late renewal request within one year of the license expiration date shall be granted a waiver from the prelicensing education and examination requirement set forth in N.J.A.C. 11:17-3.4 and 3.5.N.J. Admin. Code § 11:17-2.6
Recodified from 11:17-2.5 by 47 N.J.R. 1872(a), effective 7/20/2015