§ 26.1-26.8-09 — License - Renewal - Reinstatement

North Dakota § 26.1-26.8-09

• Jurisdiction: North Dakota
• Title 26.1: Insurance
• Ch. 26.1-26.8: Public Adjusters

Text

1. The commissioner shall issue a resident public adjuster license or nonresident public
adjuster license to an individual who meets the necessary requirements of this
chapter.
a. A resident public adjuster license and a nonresident public adjuster license expire
on the last day of the month of the licensed public adjuster's birthday following
the two-year anniversary of issuance of a license by the commissioner.
b. To renew a license, a licensed resident public adjuster and a licensed nonresident
public adjuster shall file a biennial license continuation in the form and manner
prescribed by the commissioner and pay a fee as prescribed in section
26.1-01-07. The commissioner shall give a licensee at least ninety days' notice of
the biennial license continuation filing deadline. A resident public adjuster or a
nonresident public adjuster who allows the license to lapse may, within the
twelve-month period immediately following the expiration date, reinstate the same
license without the necessity of passing a written examination, upon payment of a
reinstatement fee.
c. The commissioner may grant an individual licensee who is unable to comply with
license renewal procedures due to military service or some other extenuating
circumstance, including a long-term medical disability, a waiver of an examination
requirement or a fine, fee, or sanction imposed for failure to comply with renewal
procedures.
2. The commissioner shall issue a business entity public adjuster license to a business
entity that meets the necessary requirements of this chapter.
a. A business entity public adjuster license expires on the last day of the month
following the two-year anniversary of issuance of a license by the commissioner.
b. To renew a license, a licensed business entity public adjuster shall file a biennial
license continuation in the form and manner prescribed by the commissioner and
pay a fee as prescribed in section 26.1-01-07.
c. A business entity public adjuster license may be renewed within the ninety-day
period immediately preceding the expiration date upon payment of the renewal
fee.
3. A license issued pursuant to this chapter must contain the licensee's name, mailing
address, and license number; the date of issuance; the lines of authority; the
expiration date; and any information the commissioner deems necessary.
4. Within thirty days after the change, a licensee shall inform the commissioner, by any
means acceptable to the commissioner, of a change of legal name, mailing address, or
other information submitted on the application.
a. A licensee who fails to provide this notification of change is subject to a fine by
the commissioner of not more than five hundred dollars per violation, suspension
of the license until the change is reported to the commissioner, or both.
b. A licensee doing business under a name other than the licensee's legal name
shall notify the commissioner before using the assumed name.
5. A licensee is subject to the provisions of chapter 26.1-04.
6. A licensee shall report to the commissioner any administrative action taken against the
licensee in another jurisdiction or by another governmental agency in this state within
thirty days of the final disposition of the matter. The report must include a copy of the
order, consent to order, or other relevant legal documents.
7. Within thirty days after a criminal conviction, a licensee shall report to the
commissioner any criminal conviction of the licensee taken in any jurisdiction. The
report must include a copy of the initial complaint, the order issued by the court, and
any other relevant legal documents.
8. The commissioner may contract with nongovernmental entities, including the national
association of insurance commissioners, or affiliates or subsidiaries the national
association oversees, to perform ministerial functions, including the collection of fees,
related to the administration of this chapter.
9. The commissioner may adopt rules establishing license renewal procedures.