Section 31A-23b-204 - Character requirementsAn applicant for a license under this chapter shall demonstrate to the commissioner that:
(1) the applicant has the intent, in good faith, to engage in the practice of a navigator as the license would permit;(2)(a) if a natural person, the applicant is: (b) if the applicant is an agency: (i) the partners, directors, or principal officers or persons having comparable powers are trustworthy; and(ii) that it will transact business in a way that the acts that may only be performed by a licensed navigator are performed only by a natural person who is licensed under this chapter, or Chapter 23a, Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries;(3) the applicant intends to comply with the surety bond requirements of Section 31A-23b-207;(4) if a natural person, the applicant is at least 18 years of age; and(5) the applicant does not have a conflict of interest as defined by regulations issued under PPACA.Amended by Chapter 319, 2018 General Session ,§ 32, eff. 5/8/2018.Added by Chapter 341, 2013 General Session ,§ 9, eff. 4/1/2013.