Arizona Laws 20-300. Reciprocity
A. The director shall waive any requirements, except the requirements prescribed in section 20-287, for a nonresident license applicant who holds a license in good standing from the applicant’s home state if the applicant’s home state issues nonresident licenses to residents of this state on the same basis.
Terms Used In Arizona Laws 20-300
- Home state: means the District of Columbia and any state or territory of the United States in which:
(a) An individual insurance producer maintains a principal place of residence or principal place of business and is licensed to act as a resident insurance producer. See Arizona Laws 20-281
- Insurance producer: means a person required to be licensed under this article to sell, solicit or negotiate insurance. See Arizona Laws 20-281
- Nonresident: means a person whose home state is not Arizona. See Arizona Laws 20-281
B. A nonresident insurance producer who satisfies the continuing education requirements for a licensed insurance producer in the producer’s home state also satisfies this state’s continuing education requirements if the nonresident producer’s home state recognizes the satisfaction of its continuing education requirements imposed on producers from this state on the same basis.