§ 63-05 Licensing – Term.
RCNY § 63-05
(a)Maximum One-Year Term. The term of an Agent's License may be up to one year, but will expire on December 31 of the year in which it is issued or renewed, unless earlier suspended or revoked by the Commission.
(b)No Longer Meets Requirements. If at any time during the term of the License, the Commission learns that the Agent no longer meets the requirements for an Agent's License, the Commission may deny any renewal application, or suspend or revoke the current License, after appropriate notice and hearing.
(c)When to File for Renewal.
(1)A renewing Applicant must file a completed application at least 60 days before the expiration date of the License.
(2)Application Submission Date.
(i)Applications filed online: The date of submission is the date an application is filed online.
(ii)Applications filed by mail: The date of submission is the postmark date.
(iii)Applications filed in person: The date of submission is the date an application is filed in person.
(3)The Commission will not accept a renewal application after the expiration date of the License. If the application is not filed before the expiration date, the License cannot be renewed.
(d)Suspended Licenses.
