SECTION 365:1-9-16. Producer licensing forms  


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  • (a)   Licenses. The license form is executed under the hand and seal of the Insurance Commissioner and delivered. This form is evidence of a producer's authority to transact business within Oklahoma.
    (b)   Insurance Consultant License Certificate. The Insurance Consultant License Certificate is executed under the hand and seal of the Insurance Commissioner and delivered. This form is evidence of an individual's authority to act as an insurance consultant in the State of Oklahoma.
    (c)   Life or Accident and Health Insurance Broker License Certificate. The Life or Accident and Health Insurance Broker License Certificate is executed under the hand and seal of the Insurance Commissioner and delivered. This form is evidence of an individual's authority to act as an insurance broker in the State of Oklahoma.
    (d)   Managing General Agent's License. The Managing General Agent's License is executed under the hand and seal of the Insurance Commissioner and delivered. This form is evidence of an individual's authority to act as a managing general agent in the State of Oklahoma.
    (e)   Temporary Insurance Producer's License. The Temporary Insurance Producer's License is executed under the hand and seal of the Insurance Commissioner and delivered. This form is evidence of an individual's authority to act as a temporary insurance agent in the State of Oklahoma. The appointing company that requests the license may receive a temporary license after completion of a properly completed application and an affidavit as prescribed by the Insurance Commissioner. The temporary license shall be valid for up to one hundred eighty (180) days from the date of issuance, or until the applicant passes the license examination, whichever time is shorter.
    (f)   Third Party Administrator License Certificate. The Third Party Administrator License Certificate is executed under the hand and seal of the Insurance Commissioner and delivered. This form is evidence of an individual's authority to act as a third party administrator in the State of Oklahoma.
    (g)   Renewal Notice. The Producer Licensing Division of the Insurance Department may send a Renewal Notice to producers to remind them to comply with renewal requirements by either electronic or paper means.
[Source: Added at 10 Ok Reg 1457, eff 5-1-93; Amended at 15 Ok Reg 1207, eff 1-30-98 (emergency); Amended at 15 Ok Reg 3204, eff 7-13-98; Amended at 28 Ok Reg 1956, eff 7-14-11]