Section 1602.5 - Reciprocal licensing(a) Nonresident individuals.--(1) An individual who is currently licensed as a resident public adjuster in another state or territory may apply to the department for a nonresident public adjuster license. The individual shall submit to the department a completed application, proof of the individual's current home state license in a form or manner determined acceptable by the department and the required license fee.(2) Upon receipt and review of the application, proof of the home state license in a form or manner determined acceptable by the department and the fee, the department shall issue a nonresident public adjuster license to the individual. The department may deny the application if the individual's home state does not award nonresident public adjuster licenses to resident licensees of this Commonwealth on the same basis.(b) Nonresident business entities.--(1) Upon designating one or more individuals licensed under this act to be responsible for the business entity's compliance with the insurance laws and regulations of this Commonwealth, a business entity which is currently licensed as a resident public adjuster in another state or territory may apply to the department for a nonresident public adjuster license. The designated licensees of the business entity shall remit to the department a completed business entity application, proof of the business entity's current home state license in a form or manner determined acceptable by the department and the required license fee.(2) Upon receipt and review of the application, proof of the home state license in a form or manner determined acceptable by the department and the fee, the department shall issue a nonresident public adjuster license to the business entity if the department determines that the business entity, its partners, members or officers, and its designated licensees are licensees in good standing in the business entity's home state. The department may deny the application if the business entity's home state does not award nonresident public adjuster licenses to resident licensees of this Commonwealth on the same basis.Added by P.L. 209 2012 No. 21, § 2, eff. 9/30/2012.