Section 402-D:8 Nonresident License; Reciprocity.
I. Unless denied licensure pursuant to RSA 402-D:10, a nonresident person shall receive a nonresident public adjuster license if:
(a) The person is currently licensed as a resident public adjuster and in good standing in his or her home state;
(b) The person has submitted the proper request for licensure, has paid the fees required by RSA 400-A:29, and has provided proof of financial responsibility as required in RSA 402-D:11;
(c) The person has submitted or transmitted to the commissioner the appropriate completed application for licensure; and
(d) The person's home state awards non-resident public adjuster licenses to residents of this state on the same basis.
II. The commissioner may verify the public adjuster's licensing status through the producer database maintained by the National Association of Insurance Commissioners (NAIC), its affiliates, or subsidiaries.
III. As a condition to continuation of a public adjuster license issued under this section, the licensee shall maintain a resident public adjuster license in his or her home state. The non-resident public adjuster license issued under this section shall terminate and be surrendered immediately to the commissioner if the home state public adjuster license terminates for any reason.
Source. 2006, 9:1, eff. May 2, 2006.