Ch. 120                                                                                                                ₁₈₉

MARVIN MANDEL, Governor
insurance, for which he desires to be qualified; or

(ii) He must have been regularly employed by an insurer or an agent or broker,
for a period or periods aggregating not less than one year during the three years
next preceding the date of application in responsible insurance duties in connection
with the specific kind or kinds of insurance for which he desires to be qualified,
and, in such case, such applicant shall submit with his application the affidavit of
such employer or employers stating facts which show compliance with this
requirement; or

(iii) He must have been regularly employed by an insurer or an agent or a
broker for a period or periods aggregating not less than one year during the three
years next preceding the date of entrance into the service of the armed forces of
the United States or immediately following his discharge therefrom in connection
with the specific kind or kinds of insurance for which he desires to be qualified,
and in such case the application for the license shall be filed within one year from
the date of discharge, with the affidavit of such employer or employers stating
facts which show compliance with this requirement.

(2)   The Commissioner shall require such applicant to satisfactorily pass a
written examination relating to the specific kind or kinds of insurance for which he
desires to be licensed, for the purpose of determining his competence with regard
thereto. Such examination shall be given by the Commissioner at least once every
thirty days at such times and places as the Commissioner may determine. The
applicant shall pay to the Commissioner a fee of [[ten dollars ($10)]] FIFTEEN
DOLLARS ($15) for each examination. An applicant (failing to attain a passing
grade after three trials shall be required to wait six months from the date of his
last previous trial before applying again, and] FAILING TO ATTAIN A
PASSING GRADE AFTER THREE TRIALS SHALL BE REQUIRED TO
WAIT THREE MONTHS FROM THE DATE OF HIS LAST PREVIOUS
TRIAL BEFORE APPLYING AGAIN. AND failing to pass after six times[[,]],
shall be required to wait one year from the date of his last previous trial before
applying again.

(3)  The requirements of [[subsection]] SUBSECTIONS (1) and (2) of this
section shall not apply to qualification for the same kind or kinds of insurance
business for which a person was licensed

(i) On December 31, 1963; or

(ii) At the time he was inducted in the armed forces of the United States.

The requirements of [ [subsection 11 SUBSECTIONS (1) and (2) of this section
shall not apply to qualification for title insurance as to persons who are attorneys
at law.

No examination shall be required of an applicant for a renewal license.

At the discretion of the Commissioner the requirements of subsections (1) and
(2) of this section shall not apply to qualification for property, casualty, surety and
marine insurance as to persons who have been conferred the Chartered Property
Casualty Underwriter (C.P.C.U.) designation by The American Institute of
Property and Liability Underwriters, Inc., and are members, in good standing, of
The Society of Chartered Property and Casualty Underwriters.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take
effect July 1, 1973.