20-321.01
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20-321.01. Licensing of adjusters; qualifications; exemption A. A person shall not act as or claim to be an adjuster unless the person is licensed under this article. B. To obtain a license as an adjuster a person shall apply to the director for the license and use the forms prescribed and provided by the director. The director shall issue the license to qualified persons on payment of the license fee prescribed in section 20-167. C. To be licensed as an adjuster the applicant shall meet all of the following qualifications: 1. Be a person who is at least eighteen years of age. 2. Be a resident of this state, or a resident of another state that allows residents of this state to act as adjusters in the other state. 3. Take and pass an examination that is given by or under the supervision of the director and that reasonably tests the applicant's knowledge of insurance and legal responsibilities as an adjuster. 4. Have and maintain in this state an office accessible to the public and keep at the office the usual and customary records pertaining to transactions under the license. This paragraph does not prohibit maintaining an office in the home of the licensee. D. A firm or corporation, whether or not organized under the laws of this state, may be licensed as an adjuster if each individual who is to exercise the license powers is qualified for an individual license as an adjuster. E. An adjuster who is licensed or permitted to act as an adjuster in the state of the adjuster's domicile is not required to be licensed pursuant to this section or meet the qualifications prescribed in this section if the adjuster is sent to this state on behalf of an insurer for the purpose of investigating or making adjustment of a particular loss under an insurance policy or a series of losses resulting from a catastrophe common to all those losses. |