Current through the 2024 Regular Session
Section 83-17-261 - Failure of agent to meet educational requirements; penalties(1) Any individual failing to meet the requirements of this section and who has not been granted an extension of time within which to comply or who has submitted to the Commissioner of Insurance a false or fraudulent certificate of compliance shall be subject to suspension or revocation of all licenses issued for any kind or kinds of insurance. The individual shall be notified of his right to a hearing. No further license shall be issued to such person for any kind or kinds of insurance until such time as the person has demonstrated to the satisfaction of the commissioner that he or she has complied with all requirements of this section and all other laws applicable thereto.(2) The Commissioner of Insurance may suspend, revoke or refuse to renew a course provider's authority to offer courses for any of the following causes: (a) Advertising that a course is approved before the commissioner has granted such approval in writing;(b) Submitting a course outline with material inaccuracies, either in length, presentation time or topic content;(c) Presenting or using unapproved material in providing an approved course;(d) Failing to conduct a course for the full time specified in the approval request submitted to the commissioner;(e) Preparing and distributing certificates of attendance or completion before the course has been approved;(f) Issuing certificates of attendance or completion before the completion of the course;(g) Failing to issue certificates of attendance or completion to any licensee who satisfactorily completes a course;(h) Failing to notify promptly the Commissioner of Insurance of suspected or known improper activities; or(i) Any violation of state law.(3) A course provider is responsible for the activities of persons conducting, supervising, instructing, proctoring, monitoring, moderating, facilitating or in any way responsible for the conduct of any of the activities associated with the course.(4) In addition, the Commissioner of Insurance may require any of the following upon a finding of a violation of this section:(a) Refunding all course tuition and fees to licensees;(b) Providing licensees with a suitable course to replace the course that was found in violation; or(c) Withdrawal or approval of courses sponsored by such a provider for a period determined by the commissioner. Laws, 1999, ch. 487, § 6, eff. 7/1/2000.