Michigan Compiled Laws § 500.1204e Nonresident License Applicant; Requirements.

500.1204e Nonresident license applicant; requirements.

Sec. 1204e.

(1) The commissioner shall waive any requirements for a nonresident license applicant with a valid license from his or her home state, except the requirements under section 1206a, if the applicant's home state awards nonresident licenses to residents of this state on the same basis.

(2) A nonresident insurance producer's satisfaction of his or her home state's continuing education requirements for licensed insurance producers shall constitute satisfaction of this state's continuing education requirements if the nonresident producer's home state recognizes the satisfaction of its continuing education requirements imposed upon producers from this state on the same basis.

History: Add. 2001, Act 228, Eff. Mar. 1, 2002
Popular Name: Act 218

Section: Previous  500.1202  500.1203  500.1204  500.1204a  500.1204b  500.1204c  500.1204d  500.1204e  500.1204f  500.1204f.amended  500.1205  500.1206  500.1206a  500.1206b  500.1206c  Next

Last modified: October 10, 2016