Current through 2024 Legislative Session
Section 26.1-26-26 - Temporary license as an insurance producerThe commissioner may issue a temporary license as an insurance producer for a period not to exceed one hundred eighty days without requiring an examination if the commissioner determines that the temporary license is necessary for the servicing of an insurance business in the following cases:
1. To the surviving spouse, next of kin, administrator, executor, or employee of a licensed insurance producer who died, or to the spouse, next of kin, employee, or legal guardian of a licensed insurance producer who became disabled.2. To a member or employee of a business entity, licensed as an insurance producer, upon the death or disability of an individual designated as the principal insurance producer in the business entity application or the license.3. To the designee of a licensed insurance producer entering upon active service in the armed forces of the United States.4. In any other circumstance when the commissioner determines that the public interest will best be served by the issuance of the license.