The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Cheryl Cooper.
DIGEST
SB 87 Reengrossed 2019 Regular Session John Smith
Present law requires a person licensed in La. as a nonresident insurance producer who moves from
one state to another to file a change of address and provide certification from the new resident state
within thirty days of the change of legal residence.
Proposed law retains Present law and requires the change of address to include the producer's current
and prior addresses.
Proposed law provides that a nonresident producer license shall cease to be current or in good
standing in this state, without further action by the commissioner, if the home state resident producer
license ceases to be current or in good standing. Authorizes the nonresident license to remain in
force if the licensee holds a current resident producer license in good standing in the new home state
and the licensee complies with present law notification requirements.
Effective January 1, 2020.
(Amends R.S. 22:1548(C); adds R.S. 22:1548(F))
Summary of Amendments Adopted by Senate
Senate Floor Amendments to engrossed bill
1. Provides that a nonresident producer license shall cease to be current or in good
standing in this state, without further action by the commissioner, if the home state
resident producer license ceases to be current or in good standing.