All agents of insurers subject to this chapter are subject to the applicable requirements of chapter 16, except that: [PL 1997, c. 457, §45 (AMD); PL 1997, c. 457, §55 (AFF).]
1. No personal examination shall be required of the applicant and no examination fee shall be charged, as to an applicant for a license as an agent of an insurer writing insurance solely on the assessment plan, if on January 1, 1970 the applicant was also a director or officer of such insurer;

[PL 1973, c. 625, §151 (AMD).]

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2. No fee shall be required by the superintendent for license as resident agent issued to any individual referred to in subsection 1, as agent of such an insurer.

[PL 1973, c. 585, §12 (AMD).]

SECTION HISTORY

PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). PL 1973, c. 625, §151 (AMD). PL 1997, c. 457, §45 (AMD). PL 1997, c. 457, §55 (AFF).