§ 58-33-50. Notices; loss of residency; duplicate licenses.

§58‑33‑50.  Notices; loss of residency; duplicate licenses.

(a)        The Commissionershall notify every appointing insurer about any suspension, revocation, ornonrenewal of a license by the Commissioner and about any surrender of alicense by a licensee, whether by consent order or otherwise.

(b)        Upon suspension,revocation, nonrenewal, surrender, or reinstatement of any license, theCommissioner shall notify the Central Office of the NAIC.

(c)        Any licensee whoceases to maintain his residency in this State shall deliver his insurancelicense or licenses to the Commissioner by personal delivery or by mail within30 days after terminating residency.

(d)        The Commissionermay issue a duplicate license for any lost, stolen, or destroyed license issuedpursuant to this Article upon a written request from the licensee and paymentof appropriate fees. (1987, c. 629, s. 1; 1993, c. 504, s. 29.)