40-4914. Same; waiver of conditions for nonresident insurance agent license; conditions.
134 words·~1 min read·
/ks/chapter-40/40-4914A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
40-4914. Same; waiver of conditions for nonresident insurance agent license; conditions.
(a)Subject to the provisions of K.S.A. 40-4908 , and amendments thereto, the commissioner shall waive any license application requirements for a nonresident insurance agent license if:
(1)The applicant has a valid current license issued by such applicant's home state; and
(2)the applicant's home state awards nonresident licenses to residents of this state on the same basis.
(b)A nonresident agent's satisfaction of such insurance agent's home state's continuing education requirements for licensed insurance agents shall constitute satisfaction of this state's continuing education requirements if the nonresident agent's home state accepts satisfaction of its continuing education requirements imposed upon agents from this state as satisfying the continuing education requirements imposed by the nonresident insurance agent's home state on the same basis.