1.    The commissioner shall waive any requirements for a nonresident license applicant with a valid license from the insurance producer’s home state, except the requirements imposed by section 26.1-26-20, if the applicant’s home state awards nonresident licenses to residents of this state on the same basis.

Terms Used In North Dakota Code 26.1-26-47.1

  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49

2.    A nonresident insurance producer’s satisfaction of the insurance producer’s home state’s continuing education requirements for licensed insurance producers constitutes satisfaction of this state’s continuing education requirements if the nonresident insurance producer’s home state recognizes the satisfaction of its continuing education requirements imposed upon insurance producers from this state on the same basis.