Mo. Code Regs. Ann. tit. 20, § 700-1.040
Clearance Letters
Effective Jul 30, 2008section 374.045, RSMo 2000, and sections 375.012, 375.014, 375.016, 375.017, and 375.018, RSMo Supp. 2007.* This rule was previously filed as 4 CSR 190- 12.027. Original rule filed Jan. 11, 1990, effective May 1, 1990. Amended: Filed July 12, 2002, effective Jan. 30, 2003. Amended: Filed Nov. 30, 2007, effective July 30, 2008. *Original authority: 374.045, RSMo 1967, amended 1993, 1995; 375.012, RSMo 1961, amended 1965, 1967, 1981, 1993, 1997, 2001, 2007; 375.014, RSMo 1965, amended 1967, 2001; 375.016, RSMo 1965, amended 1967, 1981, 2001; 375.017, RSMo 1967, amended 1981, 2000, 2001; and 375.018, RSMo 1965, amended 1967, 1981, 1984, 1985, 1990, 1991, 1992, 1993, 2001, 2002Insurance Licensing
PURPOSE: This regulation provides the definition of a clearance letter and aids and effectuates licensing standards and procedures as outlined in section 375.017.2, RSMo.
- (1) As used in this rule, “clearance letter” is a statement from another state certifying that the insurance producer held, within ninety
- (90) days proceeding the date of application, the same kind of license as applied for in this state.
- (2) The statement also includes the signature of the head of the insurance regulatory agency of the state from whom the insurance producer held the same kind of license and his/her official seal.
- (3) A clearance letter submitted with an application for a resident license must be dated no earlier than ninety (90) days prior to the date the application is received by the department.
- (4) Failure to submit a properly dated clearance letter may cause all application materials to be returned to the insurance producer.
AUTHORITY: section 374.045, RSMo 2000, and sections 375.012, 375.014, 375.016, 375.017, and 375.018, RSMo Supp. 2007.* This rule was previously filed as 4 CSR 190- 12.027. Original rule filed Jan. 11, 1990, effective May 1, 1990. Amended: Filed July 12, 2002, effective Jan. 30, 2003. Amended: Filed Nov. 30, 2007, effective July 30, 2008. *Original authority: 374.045, RSMo 1967, amended 1993, 1995; 375.012, RSMo 1961, amended 1965, 1967, 1981, 1993, 1997, 2001, 2007; 375.014, RSMo 1965, amended 1967, 2001; 375.016, RSMo 1965, amended 1967, 1981, 2001; 375.017, RSMo 1967, amended 1981, 2000, 2001; and 375.018, RSMo 1965, amended 1967, 1981, 1984, 1985, 1990, 1991, 1992, 1993, 2001, 2002.