KANSAS INSURANCE DEPARTMENT

Proposed Regulation K.A.R. 40-7-7

K.A.R. 40-7-7. Agents; resident procedure for obtaining licenses and company certification. (a) Licenses.

(1) Each individual desiring to become licensed shall complete and submit an application and evidence of graduation from an accredited four year high school or its equivalent. A copy of the applicant's high school or college diploma, a transcript certified by school authorities or a certificate of completion of the general education development test (GED) by the applicant shall be acceptable evidence.

(2) From and after May 1, 1989, the application fee prescribed by K.S.A. 1991 Supp. 40-240a shall accompany the application and other required material.

(3) If the applicant for a resident agent's license has not been licensed and certified as a resident agent in this state during the two years immediately preceding the date of the application, the applicant shall pass an examination covering each class or subclass of insurance the applicant intends to write.

(4) If the applicant has been a licensed agent for the same classes or subclasses of insurance in this or another state for at least 10 years immediately preceding the date of application, the applicant's qualification is based upon an examination comparable to this state's examination, and the applicant has held a non-resident license in this state for at least two years immediately preceding the date of application, the applicant shall pass an examination covering statutory and general insurance subjects only.

(b) Certification.

(1)(a) The company certification shall be completed to show the company name, the name and address of the agent to be certified, the effective date, and the address of the office submitting the certification.

(2)(b) Company certification shall be made only by an authorized representative of the insurance company or, from on and after May 1, 1989, by an authorized representative of a corporation, association, partnership, proprietorship, or other legal entity holding a direct agency appointment from an insurance company.

(3)(c) For purposes of company certification, a licensed director, employee, or nonresident officer of a resident agency shall be deemed to be a resident agent. (Authorized by K.S.A. 40-103 and K.S.A. 2004 Supp. 40-4916; implementing K.S.A. 1991 Supp. 40-240, 40-241 and 40-241i, K.S.A. 1991 Supp. 40-252 2004 Supp. 40-4904 and 40-4912; effective Jan. 1, 1966; amended Jan. 1, 1967; amended Jan. 1, 1970; amended, E-70-28, July 1, 1970; amended Jan. 1, 1971; amended, E-71-24, July 1, 1971; amended Jan. 1, 1972; amended Feb. 15, 1977; amended, E-79-25, Oct. 19, 1978; amended May 1, 1979; amended May 1, 1983; amended May 1, 1986; amended May 1, 1987; amended May 1, 1988; amended May 15, 1989; amended Jan. 4, 1993; amended Feb. 8, 1993; amended P-____________.)