1.    For each two-year reporting period, the commissioner may approve up to four hours of continuing education credit earned through active participation, with no more than two hours accepted for each calendar year. One hour of active participation equates to one hour of continuing education credit. A licensee may not use continuing education    granted for active participation to satisfy other continuing education requirements or ethics hours required under section 26.1-26-31.1.

2.    If an insurance producer or consultant claims continuing education hours through active participation, the professional insurance association shall verify the claimed active participation. The professional insurance association shall inform the commissioner of participation by the insurance producer or consultant. Upon receipt of participation confirmation the commissioner may accept the claimed continuing education hours.