In addition to the general qualifications under AS 21.27.020 , to qualify for issuance or renewal of an insurance producer license, an applicant or licensee
(1) must possess the competence necessary to fulfill the responsibilities of an insurance producer;
(2) if previously licensed in good standing in this state as an insurance producer, must not have had a license suspended or revoked within the previous four calendar years;
(3) for a license with a scope that includes variable contracts, must either be currently registered with the federal Securities and Exchange Commission as a broker-dealer or personally take and pass, to the satisfaction of the director, tests of the knowledge and competence of the applicant concerning securities.
Section: 21.27.530 21.27.540 21.27.550 21.27.560 21.27.570 NextLast modified: November 15, 2016