Unless denied licensure pursuant to § 58-30-167, a nonresident person is entitled to receive a nonresident insurance producer license if:
- (1) The person is currently licensed as a resident insurance producer and in good standing in the person's home state;
- (2) The person has submitted the proper request for licensure and has paid the fees required by § 58-2-29;
- (3) The person has submitted or transmitted to the director the application for licensure that the person submitted to the person's home state or the application required by § 58-30-148; and
- (4) Except for fees, the person's home state issues nonresident insurance producer licenses to residents of this state on the same basis.
Source: SL 2001, ch 286 , § 19.