§ 522B.8 — Exemption from examination

Iowa § 522B.8

• Jurisdiction: Iowa
• Title XIII: COMMERCE
• Ch. 522B: LICENSING OF INSURANCE PRODUCERS

Text

1. An individual who applies for an insurance producer license in this state who was
7 LICENSING OF INSURANCE PRODUCERS, §522B.10
previously licensed for the same lines of authority in another state shall not be required
to complete an examination. This exemption is only available if the person is currently
licensed in that other state or if the request for licensure is received within ninety days of
the cancellation of the applicant’s previous license and if the prior state issues a certification
that, at the time of cancellation, the applicant was in good standing in that state. The
certification may be obtained through the producer database.
2. A person licensed as an insurance producer in another state who moves to this state
shallmakeapplicationwithinninetydaysofestablishinglegalresidencetobecomearesident
licensee pursuant to section 522B.5. An examination shall not be required of that person to
obtain an insurance producer license for any line of authority previously held in the prior
state except where the commissioner determines otherwise by regulation.