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One rule, 2 ways the exam asks it. Same knowledge point, different phrasing — work through all of them, because the exam rarely reuses the wording.

State RegulationsNC specificDifficulty 3/5

Under G.S. 58-33-56, from what point does the 15-day deadline for sending a producer a copy of the termination notification run?

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Answer & full 3-part explanation (select an option above, or peek)

Why B is correct

Under G.S. 58-33-56, the insurer must notify the Commissioner within 30 days after the termination's effective date, and the 15-day clock for sending the producer a copy runs separately - from the date the insurer makes that notification, not from the termination date itself. The producer then has 30 days after receiving the copy to file written comments.

Why the other options are wrong

  • A) The effective date starts the 30-day Commissioner-notice clock; the copy deadline is measured from the notification.
  • C) The producer's own awareness is irrelevant; the statute keys the 15-day copy deadline to the insurer's notification date.
  • D) No request is needed; the insurer must send the copy within 15 days of notifying the Commissioner whether or not the producer asks.

Memory hook

Commissioner notice starts the copy clock: 15 days from notice.

State RegulationsNC specificDifficulty 1/5

An insurer terminates a producer's appointment in North Carolina, for cause or otherwise. Within what time limits must notice be given?

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Why D is correct

Under G.S. 58-33-56, an insurer terminating a producer must notify the Commissioner within 30 days after the termination takes effect and send a copy of the notification to the producer within 15 days. The producer may then submit written comments to the Commissioner within 30 days after receiving the copy.

Why the other options are wrong

  • A is wrong because it reverses the limits: the Commissioner gets notice within 30 days and the producer's copy goes out within 15 days.
  • B is wrong because the copy to the producer is due within 15 days, not 30 days.
  • C is wrong because the notice to the Commissioner is due within 30 days, not 15 days.

Memory hook

Termination notice: 30 to the Commissioner, 15 to the producer.

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