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AR SB880

Bill

Status

Passed

3/28/2013

Primary Sponsor

Jon Woods

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Origin

Senate

89th General Assembly (2013 Regular)

AI Summary

  • Amends Arkansas Code § 23-64-301(a) regarding continuing education requirements for insurance producers

  • Allows resident insurance producers who qualified for exemptions under § 23-64-302(3) or (4) to maintain those exemptions if they move to another state and then return to Arkansas

  • Requires the returning producer to apply to the commissioner for reinstatement of the exemption

  • Permits exemption reinstatement only if the producer has maintained continuous licensing in Arkansas as either a resident or nonresident insurance producer since first qualifying for the exemption

Legislative Description

Concerning Exemptions For Insurance Producers.

Last Action

Notification that SB880 is now Act 534

3/28/2013

Committee Referrals

Insurance and Commerce3/14/2013
Insurance & Commerce3/8/2013

Full Bill Text

No bill text available