PURPOSE: This regulation provides the definition of a clearance letter and aids and effectuates licensing standards and procedures as outlined in section 375.018.5(3), RSMo. (1) Definition. Clearance letter as used in this rule is a statement from another state certifying that the agent or broker held, within one (1) year next proceeding the date of application, the same kind of license as applied for in this state, passed a written examination and fulfilled study requirements comparable to those required in this state. The statement also includes the signature of the head of the insurance regulatory agency of the state from whom the agent or broker held the same kind of license and his/her official seal.

1. (2) A clearance letter submitted with an application for a resident license must be dated no earlier than six (6) months prior to the date the application is received by the Missouri Department of Insurance.
2. (3) Failure to submit a properly dated clearance letter will cause all application material to be returned to the agent or broker.

AUTHORITY: sections 375.012, 375.014, 375.016, 375.017 and 375.018, RSMo 1986.* This rule was previously filed as 4 CSR 190- 12.027. Original rule filed Jan. 11, 1990, effective May 1, 1990. *Original authority: 375.012 and 375.014, RSMo 1965, amended 1967; 375.016, RSMo 1965, amended 1967, 1981; 375.017, RSMo 1967, amended 1981; and 375.018, RSMo 1965, amended 1967, 1981, 1984, 1985.