TITLE XXXVII
INSURANCE

CHAPTER 402-J
PRODUCER LICENSING

Section 402-J:6

    402-J:6 Application for License. –
I. A person applying for a resident insurance producer license shall make application to the commissioner on the uniform application and declare under penalty of refusal, suspension, or revocation of the license that the statements made in the application are true, correct, and complete to the best of the individual's knowledge and belief. Before approving the application, the commissioner shall find that the individual:
(a) Is at least 18 years of age.

[Paragraph I(b) effective until January 1, 2027; see also paragraph I(b) set out below.]


(b) Has not committed any act that is a ground for denial, suspension, or revocation set forth in RSA 402-J:12.

[Paragraph I(b) effective January 1, 2027; see also paragraph I(b) set out above.]


(b) Has not committed any act that is a ground for nonrenewal, suspension, or revocation set forth in RSA 402-J:12 which the commissioner determines is against the public interest.
(c) [Repealed.]
(d) Has paid the fees set forth in RSA 400-A:29.
(e) Has successfully passed the examinations for the line or lines of authority for which the person has applied.
II. A business entity acting as an insurance producer is required to obtain an insurance producer license. Application shall be made using the uniform business entity application. Before approving the application the commissioner shall find that:
(a) The business entity has paid the fees set forth in RSA 400-A:29; and
(b) The business entity has designated a licensed producer responsible for the business entity's compliance with the insurance laws, rules, and regulations of this state. With the exception of RSA 402-L:3, V, the licensed person or persons designated by the business entity for its compliance shall be licensed to produce all of the lines of insurance that the entity is licensed to produce.
III. The commissioner may require any documents reasonably necessary to verify the information contained in an application.
IV. Each insurer that sells, solicits or negotiates any form of limited line credit insurance shall provide to each individual whose duties will include selling, soliciting or negotiating limited line credit insurance a program of instruction that may be approved by the commissioner.

Source. 2000, 315:1. 2001, 95:1. 2008, 18:1, III, eff. July 11, 2008. 2022, 223:7, eff. Aug. 16, 2022. 2026, 218:10, eff. Jan. 1, 2027.