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. (1) Definition. Clearance letter as used in this rule is a statement from another state certifying that the insurance producer held, within one (1) year next proceeding the date of application, the same kind of license as applied for in this state. 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.
2. (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.
3. (3) Failure to submit a properly dated clearance letter will cause all application material to be returned to the insurance producer.

AUTHORITY: sections 375.045, RSMo 2000, 375.012, 375.014, 375.016, 375.017, RSMo Supp. 2001, 375.018 RSMo Supp. 2002.* 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.

*Original authority: 374.045, RSMo 1967, amended 1993, 1995; 375.012, RSMo 1969, amended 1965, 1981, 1993, 1997, 2001; 375.014, RSMo 1965, amended 1967, 2001; 375.016, RSMo 1965, amended 1967, 1981; 375.017, RSMo 1967, amended 1981, 2001; and 375.018, RSMo 1965, amended 1967, 1981, 1984, 1985, 1990, 1991, 1992, 1993, 2001, 2002.