Ga. Comp. R. & Regs. R. 120-2-3-.16 - Dates for Resident License Renewal and Required Filing of Continuing Education Credits
(1) license renewals and appropriate fees
will be due on the last day of the licensee's birth month;
(a) Licensee may file a late renewal with
appropriate late fee within 15 days of the last day of the licensee's birth
month;
(b) Failure to file the
required license renewal form along with the appropriate fee shall result in
the expiration of the license as of the last day of the licensee's birth month
for the renewal year.
(2)
Failure to file the complete and correct renewal with required attachments
and/or evidence of completion of required continuing education by the required
filing date will result in a penalty being assessed when licensee applies for
late renewal reinstatement.
(a) The
reinstatement penalty assessed will be $150; this penalty is in addition to any
required renewal and late fees. The penalty and required fees are to be paid at
the time of submission of late renewal reinstatement.
(b) If late renewal reinstatement is received
6 or more months after the expiration date, the licensee is required to submit
electronic fingerprints in addition to the $150 penalty and required renewal
and late fees.
(3) If an
individual fails to file for late renewal reinstatement prior to one (1) year
from the license expiration date, the licensee will be required to reapply for
the license and satisfy all prelicensing requirements.
(4) A licensed insurance producer who is
unable to comply with license renewal procedures due to military service may
request a waiver of those procedures. The producer may also request a waiver of
any examination requirement or any other fine or sanction imposed for failure
to comply with renewal procedures.
Notes
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