1. A. Application for a license as an adjuster shall be made to the Insurance Commissioner upon forms prescribed and furnished by the Commissioner. As a part of and in connection with the application, the applicant shall furnish such information concerning the applicant's identity, personal history, business experience, business record and such other pertinent information which the Commissioner shall reasonably require.

2. B. Application for a license as a nonresident adjuster shall be made to the Commissioner upon forms prescribed and furnished by the Commissioner. This license shall be issued to an applicant only if the state in which the applicant resides will accord the same privilege to a resident adjuster of this state. The Commissioner is authorized to enter into reciprocal agreements with the appropriate official of any state requiring a nonresident applicant for license as an adjuster to take an examination. Any such reciprocal agreement shall provide that:

   1. 1. An applicant for a license as an adjuster in such other state shall take an examination as prescribed by that state;
   2. 2. The applicant for a license as a nonresident adjuster in this state holds a valid license as an adjuster in such other state as certified by the appropriate official of that state;
   3. 3. A resident of this state is privileged to procure an adjuster's license in such other state upon the conditions provided in paragraphs 1 and 2 of this subsection without discrimination in favor of the residents of such other state as to fees or other licensing requirements; and
   4. 4. The nonresident applicant shall pay the fee required for a license as a resident adjuster in this state.

Laws 1973, HB 1147, c. 178, § 5; Amended by Laws 1983, HB 1341, c. 129, § 4, eff. November 1, 1983; Amended by Laws 1996, HB 2553, c. 246, § 13, emerg. eff. July 1, 1996.