State RegulationsCO specificDifficulty 2/5
A Colorado producer dies and the insurer wants the producer's business serviced during the transition. Under C.R.S. § 10-2-410, the Commissioner may issue a temporary license without examination for up to:
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Answer & full 3-part explanation (select an option above, or peek)
Why D is correct
C.R.S. § 10-2-410(1) authorizes the Commissioner to issue a temporary license without examination for up to 180 days when the producer dies or becomes disabled, enters active military service, or when the public interest requires it. The temporary license keeps the book of business serviced while a permanent arrangement is made.
Why the other options are wrong
- A) 30 days is the address-change notification window for licensees, not the temporary-license term.
- B) 90 days is the reciprocity window for nonresident applicants who held a home-state license, not the temporary-license term.
- C) 6 months understates the statutory period; the temporary license under C.R.S. § 10-2-410 runs up to 180 days.
Memory hook
Temporary license: one-eighty days, not six months.