§431:9-206 Examinations for license. (a) Each applicant for license as general agent, subagent, solicitor, adjuster, or independent bill reviewer shall prior to the issuance of any such license, personally take and pass to the satisfaction of the commissioner an examination given by the commissioner as a test of the applicant's qualifications and competence.

(b) This requirement shall not apply to:

(1) Applicants for limited licenses, as travel insurance subagents or solicitors only, under section 431:9-214;

(2) Applicants who at any time within the three-year period next preceding date of application held a license in this State which conferred powers comparable to those being applied for;

(3) Applicants for a general agent's, subagent's, or solicitor's license for life insurance or life disability insurance who hold the designation chartered life underwriter (C.L.U.) from The American College; or

(4) Applicants for a general agent's, subagent's, or solicitor's license for any class of insurance, except life insurance, who hold the designation chartered property and casualty underwriter (C.P.C.U.) from the American Institute for Property and Liability Underwriters, Incorporated.

(c) Applicants who held a license on December 31, 1987, shall not, for the purpose of qualifying for the issuance or extension of such license after January 1, 1988, be required to take an examination. [L 1987, c 347, pt of §2; am L 1993, c 205, §15; am L 1997, c 234, §2; am L 2000, c 288, §8]