58-30-159. Requirements for nonresident insurance producer license.
Unless denied licensure pursuant to §58-30-167, a nonresident person is entitled to receive a nonresident insurance producer license if:
(1)The person is currently licensed as a resident insurance producer and in good standing in the person's home state;
(2)The person has submitted the proper request for licensure and has paid the fees required by §58-2-29;
(3)The person has submitted or transmitted to the director the application for licensure that the person submitted to the person's home state or the application required by §58-30-148; and
(4)Except for fees, the person's home state issues nonresident insurance producer licenses to residents of this state on the same basis.
Source: SL 2001, ch 286, §19.