The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Cheryl Horne.
DIGEST
Johns (SB 260)
Present law permits an insurance producer who allows his license to lapse to reinstate the same
license within five years from the expiration upon proof of fulfilling all continuing education
requirements through the date of reinstatement and upon payment of all fees due.
Proposed law changes the five-year time frame to two years.
Present law requires every licensee to notify the commissioner, by any means acceptable to the
commissioner, of any alteration in his residential, mailing, or business address within ten days of
the alteration.
Proposed law changes the ten-day time frame to 30 days.
Effective August 1, 2014.
(Amends R.S. 22:1547(D) and (G))