New Hampshire RSA Title XXXVII, Chapter 402-J - Producer Licensing (RSA 402-J:1 to 402-J:19)

What this document is

New Hampshire RSA Title XXXVII, Chapter 402-J - Producer Licensing (RSA 402-J:1 to 402-J:19) is a state statute published by www.gencourt.state.nh.us. It is one of the New Hampshire documents that insurance license exam questions are written from, including new hampshire life & health, new hampshire property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• N.H. RSA tit. XXXVII § 402-J:14, I (Appointments and Authority)

  “An insurance producer shall not act as an agent of an insurer unless the insurance producer becomes an appointed agent of that insurer. An insurance producer who is not acting as an agent of an insurer is not required to become appointed.”

• N.H. RSA tit. XXXVII § 402-J:7-a (Continuing Education)

  “Every 2 years, at least 60 days prior to the renewal date of their license, persons holding a producers license shall be certified by the insurance department as having completed 24 hours of continuing education instruction. Of the 24 continuing education hours required, at least 3 hours, but no...”

• N.H. RSA tit. XXXVII § 402-J:12, V (License Denial, Nonrenewal, or Revocation)

  “The commissioner shall retain the authority to enforce the provisions of and impose any penalty or remedy authorized by this chapter and title XXXVII against any person who is under investigation for or charged with a violation of this chapter or title XXXVII even if such person's license or...”

• N.H. RSA tit. XXXVII § 402-J:4, I (Exceptions to Licensing)

  “Nothing in this chapter shall be construed to require an insurer to obtain an insurance producer license. For the purposes of this section "insurer" does not include an insurer's officers, directors, employees, subsidiaries, or affiliates.”

• N.H. RSA tit. XXXVII § 402-J:3, II (License Required)

  “Any person who shall practice or attempt to practice as an insurance producer in this state without a license shall be guilty of a class A misdemeanor if a natural person, or guilty of a felony if any other person.”

• N.H. RSA 402-J:17, II (Reporting of Actions; criminal prosecution)

  “II. Within 30 days of the initial pretrial hearing date, a producer shall report to the commissioner any criminal prosecution of the producer taken in any jurisdiction. The report shall include a copy of the initial complaint filed, the order resulting from the hearing, and any other relevant legal documents.”

• N.H. RSA 402-J:15, IV(b) (Notification to Commissioner of Termination; producer comments)

  “(b) Within 30 days after the producer has received the original or additional notification, the producer may file written comments concerning the substance of the notification with the commissioner. The producer shall, by the same means, simultaneously send a copy of the comments to the reporting...”

• N.H. RSA 402-J:7, III (License; reinstatement after lapse)

  “III. An individual insurance producer who allows his or her license to lapse may, within 24 months from the due date of the renewal fee, reinstate the same license without the necessity of passing a written examination. However, a penalty in the amount of double the unpaid renewal fee shall be...”

• N.H. RSA 402-J:11, II (Temporary Licensing)

  “The commissioner may by order limit the authority of any temporary licensee in any way deemed necessary to protect insureds and the public. The commissioner may require the temporary licensee to have a suitable sponsor who is a licensed producer or insurer and who assumes responsibility for all...”

• N.H. RSA 402-J:14, I (Appointments and Authority)

  “An insurance producer shall not act as an agent of an insurer unless the insurance producer becomes an appointed agent of that insurer. An insurance producer who is not acting as an agent of an insurer is not required to become appointed.”

• N.H. RSA 402-J:14, IV (Appointments and Authority)

  “While such producer's appointment remains in force, an insurer shall be bound by the acts of the person named therein within his or her apparent authority as its acknowledged producer.”

• N.H. RSA 402-J:15, II (Notification to Commissioner of Termination; Confidentiality; Penalties)

  “An insurer or authorized representative of the insurer that terminates the appointment, employment, or contract with a producer for any reason not set forth in RSA 402-J:12, shall notify the commissioner within 15 days following the effective date of the termination, using a format prescribed by...”

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More New Hampshire sources

• N.H. RSA Title XXXVII, Chapter 417 - Unfair Insurance Trade Practices (complete chapter, RSA 417:1 to 417:31)State statute
• New Hampshire RSA Title XXXVII, Chapter 415 - Accident and Health Insurance, individual policy provisions and general provisions (RSA 415:1 to 415:17 and 415:20 to 415:27)State statute
• New Hampshire RSA Title XXXVII, Chapter 400-A - Insurance Department; general provisions applicable to all insurers (RSA 400-A:1 to 400-A:39-b)State statute
• New Hampshire RSA Title XXXVII, Chapter 415 - Group and Blanket Accident and Health Insurance (RSA 415:18 to 415:19-c)State statute
• New Hampshire RSA Title XXXVII, Chapter 408, Group Life Insurance subdivision (RSA 408:14 to 408:18)State statute
• New Hampshire RSA Title XXXVII, Chapter 408-F - New Hampshire Life and Health Insurance Guaranty Association Act of 2019 (RSA 408-F:1 to 408-F:20)State statute
• New Hampshire RSA Title XXXVII, Chapter 408 - Life Insurance and Annuity Contracts, excluding the group life subdivision (RSA 408:1 to 408:13 and 408:19 to 408:37)State statute
• New Hampshire RSA Title XXXVII, Chapter 415-D - Long-Term Care Insurance Act (RSA 415-D:1 to 415-D:13)State statute