(a) The commissioner shall waive any requirements for a nonresident license applicant with a valid license from the applicant’s home state, except the requirements imposed by § 431:9A-108, so long as the applicant’s home state awards nonresident licenses to residents of this State on the same basis.

Terms Used In Hawaii Revised Statutes 431:9A-116

  • Commissioner: means the insurance commissioner. See Hawaii Revised Statutes 431:9A-102
  • Home state: means the District of Columbia or any state or territory of the United States in which an insurance producer maintains the producer's principal place of residence or principal place of business and is licensed to act as an insurance producer. See Hawaii Revised Statutes 431:9A-102
  • License: means a document issued by the commissioner authorizing a person to act as an insurance producer for the lines of authority specified in the document. See Hawaii Revised Statutes 431:9A-102
  • producer: means a person required to be licensed under the laws of this State to sell, solicit, or negotiate insurance. See Hawaii Revised Statutes 431:9A-102
(b) A nonresident producer‘s satisfaction of the producer’s home state’s continuing education requirements for licensed insurance producers shall constitute satisfaction of this State’s continuing education requirements so long as the nonresident producer’s home state recognizes the satisfaction of its continuing education requirements imposed upon producers from this State on the same basis.

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