Subd. 1. Requirement.

An individual who holds an independent or public adjuster license and who is not exempt under this section must satisfactorily complete a minimum of 24 hours of continuing education courses, of which three hours must be in ethics, reported to the commissioner on a biennial basis in conjunction with the individual's license renewal cycle.

Subd. 2. Exceptions.

This section does not apply to:

1. (1) a licensee not licensed for one full year prior to the end of the applicable continuing education biennium; or
2. (2) a licensee holding a nonresident adjuster license who has met the continuing education requirements of the licensee's designated home state.