Compilation of Rules and Regulations of the State of Georgia
Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER
Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE
Subject 120-2-3 - REGULATIONS REGARDING AGENTS, SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES
Rule 120-2-3-.35 - Nonresident License Renewals

Current through Rules and Regulations filed through September 23, 2024

(1) Agents, adjusters, counselors, and surplus lines brokers are required to renew the license prior to expiration on forms prescribed by the Commissioner and pay the required fees.

(2) Any licensee who fails to timely renew will be required to reapply for licensure and meet all initial application and fee requirements.

(3) Prior to the renewal of a nonresident license, verification that the nonresident applicant is currently licensed as a resident in good standing in such person's home state shall be provided to the Commissioner.

(4) Upon renewal the following schedule will be used for the transition from fixed date expiration of December 31, 2102 to birth month expiration:

BIRTH MONTH

TRANSITION EXPIRATON DATE

LENGTH OF TRANSITION LICENSE

January

01/31/2015

25 Months

February

02/28/2015

26 Months

March

03/31/2015

27 Months

April

04/30/2015

28 Months

May

05/31/2015

29 Months

June

06/30/2014

18 Months

July

07/31/2014

19 Months

August

08/31/2014

20 Months

September

09/30/2014

21 Months

October

10/31/2014

22 Months

November

11/30/2014

23 Months

December

12/31/2014

24 Months

(a) Beginning July 1, 2012, upon renewal, each licensee's expiration date will be converted to a birth month expiration;

(b) After conversion to birth month expiration, license renewals and appropriate fees will be due on the last day of the licensee's birth month;

(c) Licensee may file a late renewal with appropriate late fee within 15 days of the last day of the licensee's birth month;

(d) Failure to file the required license renewal form along with the appropriate fee shall result in the expiration of the license as of last day of the licensee's birth month of the year in question.

O.C.G.A. Secs. 33-2-9, 33-8-1, 33-23-16, 33-23-44.

Disclaimer: These regulations may not be the most recent version. Georgia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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