Page 1 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. Regular Session, 2014 ENROLLED SENATE BILL NO. 260 BY SENATOR JOHNS AN ACT1 To amend and reenact R.S. 22:1547(D) and (G), relative to producer license; to provide with2 respect to license reinstatement after lapse; and to provide for related matters.3 Be it enacted by the Legislature of Louisiana:4 Section 1. R.S. 22:1547(D) and (G) are hereby amended and reenacted to read as5 follows: 6 ยง1547. License7 * * *8 D. An insurance producer who allows his license to lapse may, within five9 two years from the expiration date of the license, reinstate the same license upon10 proof of fulfilling all continuing education requirements through the date of11 reinstatement and upon payment of all fees due. If the license has been lapsed for12 more than five two years, the applicant shall fulfill the requirements for issuance of13 a new license.14 * * *15 G. Every licensee shall notify the commissioner, by any means acceptable to16 the commissioner, of any alteration in his residential, mailing, or business address17 within ten thirty days of the alteration. Failure to file an address change within the18 required time shall result in the imposition of a fifty-dollar penalty per violation. Any19 person against whom a penalty has been levied shall be given due notice of such20 SB NO. 260 ENROLLED Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. action. Upon receipt of this notice, the licensee may apply for and shall be entitled1 to a hearing in accordance with Chapter 12 of this Title, R.S. 22:2191 et seq.2 * * *3 PRESIDENT OF THE SENATE SPEAKER OF THE HOUSE OF REPRESENTATIVES GOVERNOR OF THE STATE OF LOUISIANA APPROVED: