§ 27-3.2-3 - Exemptions. - Rhode Island Statutes

SECTION 27-3.2-3

   § 27-3.2-3  Exemptions. – This chapter does not apply to:

   (1) Those natural persons holding resident licenses to sellany kind or kinds of insurance for which an examination is not required by thelaw of this state;

   (2) Persons holding a limited or restricted license which isexempted by the insurance commissioner;

   (3) Non-resident licensees who must meet continuing educationrequirements established by the insurance department in their home state if thestate of their residence, in the opinion of the insurance commissioner, accordssubstantially similar treatment to residents of this state; or

   (4) Persons holding a license for twenty-five (25) years andwho are age fifty-five (55) at the time of renewal. Provided, further, however,that this chapter shall also not apply to any persons who had held a licensefor at least twenty (20) years and were at least sixty (60) years of age at thetime of renewal as of July 3, 2004.