§ 31-1131.08a. Changes of name, residency, or address.

Current through October 23, 2012

(a) A licensee shall inform the Commissioner of a change of the licensee's residential or business address within 30 days of the change of address. A nonresident insurance producer who moves from one state to another state or a resident insurance producer who moves from the District to another state shall file a change of address and provide certification from the new resident state within 30 days after the change of residence. No fee or license application shall be required.

(b) A licensee shall inform the Commissioner of a change of the licensee's legal or corporate name within 30 days after the change of name.

(c) Failure to timely inform the Commissioner of a change in legal name or address shall result in a penalty as prescribed by the Commissioner.

(d) A person licensed as an insurance producer in another state who moves to the District shall make application within 90 days of establishing legal residence to become a resident licensee under § 31-1131.06 unless the person maintains his principal place of business in another state and the person has a resident insurance producer license in that state.

                
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(Mar. 27, 2003, D.C. Law 14-264, § 8a, as added May 13, 2008, D.C. Law 17-155, § 2(j), 55 DCR 3683.)

HISTORICAL AND STATUTORY NOTES

Legislative History of Laws

For Law 17-155, see notes following § 31-1131.02.