SEC. 83-17-25. Duration of privilege licenses.
No certificate of authority shall be issued to any agent who has not previously obtained from the commissioner a privilege license to act as an insurance agent; provided that agents or organizers of fraternal orders shall not be required to have such privilege license. The privilege license required of an insurance agent shall continue for the next ensuing twelve (12) months after June 1 of each year.
The privilege licenses and filing fees required of life insurance companies, health and accident insurance companies, hospital insurance companies and fraternal insurance companies, and the agents thereof, shall continue for the next ensuing twelve (12) months after January 1 of each year.
The privilege licenses and filing fees required of fire, casualty, liability, fidelity, surety, guaranty, inland marine, plate glass and title insurance companies shall continue for the next ensuing twelve (12) months after June 1 of each year.
SOURCES: Codes, 1906, Sec. 2633; Hemingway's 1917, Sec. 5099; 1930, Sec. 5207; 1942, Sec. 5721; Laws, 1956, ch. 340. Laws, 1995, ch. 315, Sec. 2, eff from and after July 1, 1995