§ 26-9-206 — Application for license

Wyoming § 26-9-206

• Jurisdiction: Wyoming
• Title 26: Insurance Code
• Ch. 9: AGENCIES AND ADJUSTERS

Text

(a) 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:
(i) Is at least eighteen (18) years of age;
(ii) Has not committed any act that is a ground for
denial, suspension or revocation set forth in W.S. 26-9-211;
(iii) Has paid the fees set forth in W.S.
26-4-101(a);
(iv) Has successfully passed the examinations for the
lines of authority for which the person has applied; and
(v) Has provided the commissioner fingerprints and
other information and permission necessary for a criminal
history record background check as provided in W.S. 7-19-201(a).
The cost of the criminal history record background check shall
be paid by the applicant.
(b) 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:
(i) The business entity has paid the fees set forth
in W.S. 26-4-101(a); and
(ii) 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.
(c) The commissioner may require any documents reasonably
necessary to verify the information contained in an application.
(d) 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.