1. (a) Every individual person applying for an agent license shall be qualified as follows:

   1. (1) Must be of legal age or have the disabilities of minority removed by a court of law for general purposes;
   2. (2) Must be a resident of this state or a licensed nonresident;

   3. (3) Must be appointed by:

      1. (A) A licensed health maintenance organization; or
      2. (B) An applicant for said certificate of authority;

   4. (4) Must be deemed by the Insurance Commissioner to be:

      1. (A) Competent;
      2. (B) Trustworthy;
      3. (C) Financially responsible; and
      4. (D) Of good personal and business reputation;

   5. (5)

      1. (A) Must pass such written disability examination or other appropriate examination as required by the commissioner.
      2. (B) Must complete required hours of prelicensure education as is required by Prelicense Education for Producers and Adjusters, 23 CAR pt. 14; and
   6. (6) Must file letter of certificate issued within ninety (90) days, evidencing the resident HMO agent license is current or in good standing from supervisory insurance official from state of domicile, if a nonresident.

2. (b) Every corporate or partnership agency or limited liability company applying for an agent license shall be qualified as follows:

   1. (1) Must be domiciled in this state or a licensed nonresident;

   2. (2)

      1. (A) Must file partnership articles or agreement, if a general or limited partnership, resident or nonresident.
      2. (B) Must file registration from the Secretary of State, if a limited Arkansas partnership;

   3. (3)

      1. (A) Must file articles of incorporation duly certified by the proper domiciliary state official, if a resident or nonresident corporation.
      2. (B) Must file a certificate of organization from the Secretary of State if an Arkansas limited liability company.
      3. (C) Must file registration if required by the Secretary of State, if a foreign corporation;

   4. (4) Must be appointed by:

      1. (A) A licensed health maintenance organization; or
      2. (B) An applicant for said certificate of authority; and
   5. (5) Must file letters of certification issued within ninety (90) days evidencing the resident HMO agency licensure and each individual agent from that state is current or in good standing from supervisory insurance official from state of domicile, if a nonresident.

Codification Notes: “HMO” means health maintenance organization.