I. Unless denied licensure pursuant to RSA 402-D:10, a nonresident person shall receive a nonresident public adjuster license if:
- (a) The person is currently licensed as a resident public adjuster and in good standing in his or her home state;
- (b) The person has submitted the proper request for licensure, has paid the fees required by RSA 400-A:29, and has provided proof of financial responsibility as required in RSA 402-D:11;
- (c) The person has submitted or transmitted to the commissioner the appropriate completed application for licensure; and
- (d) The person's home state awards non-resident public adjuster licenses to residents of this state on the same basis.
- II. The commissioner may verify the public adjuster's licensing status through the producer database maintained by the National Association of Insurance Commissioners (NAIC), its affiliates, or subsidiaries.
- III. As a condition to continuation of a public adjuster license issued under this section, the licensee shall maintain a resident public adjuster license in his or her home state. The non-resident public adjuster license issued under this section shall terminate and be surrendered immediately to the commissioner if the home state public adjuster license terminates for any reason.
Source. 2006, 9:1, eff. May 2, 2006.