58-30-74.3. Lapsing and reinstatement of license.
36 words·~1 min read·
/sd/title-58/chapter-58-30/58-30-74-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Failure to file a timely renewal application shall result in lapsing of the license. A business entity may reinstate its license in the same manner as an individual insurance producer as provided in § 58-30-154 .