Louisiana § 22:1551 Exemption from examination

Louisiana Statutes

§ 22:1551 — Exemption from examination

Louisiana·Title 22 Insurance

§1551. Exemption from examination

A.An individual who applies for an insurance producer license in this state who was previously licensed for the same lines of authority in another state shall not be required to complete an examination. This exemption is available only if the person is currently licensed in that state or if the application 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 or the state's Producer Database records, maintained by the National Association of Insurance Commissioners, its affiliates or subsidiaries, indicate that the producer is or was licensed in good standing for the line of authority requested.

Free access — add to your briefcase to read the full text and ask questions with AI

§1551. Exemption from examination
A. An individual who applies for an insurance producer license in this state who was
previously licensed for the same lines of authority in another state shall not be required to
complete an examination. This exemption is available only if the person is currently licensed
in that state or if the application 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 or the state's Producer Database
records, maintained by the National Association of Insurance Commissioners, its affiliates
or subsidiaries, indicate that the producer is or was licensed in good standing for the line of
authority requested.
B. A person licensed as an insurance producer in another state who moves to this
state shall make application within ninety days of establishing legal residence to become a
resident licensee pursuant to R.S. 22:1546. No examination shall be required of that person
to obtain any line of authority previously held in the prior state except where the
commissioner determines otherwise by regulation.
C. The following resident applicants are exempt from the requirement of an
examination:
(1) Any applicant for a license covering the same line or lines of insurance for which
the applicant was licensed under a similar license in this state, other than a temporary license,
within two years from the date of expiration of the previous license, unless such previous
license was revoked or suspended or renewal was refused by the commissioner.
(2) Any applicant for a license to represent a limited life, health, and accident insurer.
(3) Any applicant for a license to act only as a producer with respect to life or
accident and health or sickness insurance on borrowers or debtors or with respect to property
and casualty insurance on collateral and involuntary unemployment, commonly known as
credit insurance.
(4) Any applicant for a license to act only as a producer with respect to travel
insurance.
(5) Producers of any other lines of insurance which the commissioner of insurance
determines, by rule or regulation, do not require the professional competency tested by
examination.
NOTE: Former R.S. 22:1551 redesignated as R.S. 22:2111 by Acts 2008,
No. 415, §1, eff. Jan. 1, 2009.

Louisiana § 22:1551 (Exemption from examination) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 2001, No. 158, §1, eff. Jan. 1, 2002; Acts 2006, No. 335, §1, eff. June 13, 2006; Redesignated from R.S. 22:1139 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 485, §1, eff. Jan. 1, 2010; Acts 2014, No. 117, §1; Acts 2015, No. 58, §1; Acts 2022, No. 56, §1; Acts 2022, No. 273, §1, eff. June 3, 2022.