(a) The Director shall waive any requirements for a nonresident license applicant with a valid license from his or her home state, except the requirements imposed by Section 500-40 of this Article, if the applicant’s home state awards nonresident licenses to residents of this State on the same basis.
     (b) A nonresident producer’s satisfaction of his or her home state’s continuing education requirements for licensed insurance producers shall constitute satisfaction of this State’s continuing education requirements if the non-resident producer’s home state recognizes the satisfaction of its continuing education requirements imposed upon producers from this State on the same basis.

Terms Used In Illinois Compiled Statutes 215 ILCS 5/500-90

  • State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14