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054.00.50-8. Fees and Compliance

AR ADC 054.00.50-8Arkansas Administrative CodeEffective: February 7, 2016

West's Arkansas Administrative Code
Title 054. Insurance Department
Division 00.
Rule 50. Continuing Education for Producers and Adjusters
Effective: February 7, 2016
Ark. Admin. Code 054.00.50-8
054.00.50-8. Fees and Compliance
A. For each completed course, an approved course provider shall file with the Commissioner or his/her designee a roster by electronic submission as prescribed in Appendix “H”. The course provider shall electronically file the attendees roster with the Commissioner in a timely manner, but not later than ten (10) days from the completion of the course of instruction. A vendor is an individual, corporation, or legal entity hired by the Commissioner to facilitate the electronic functions of this Rule. The Commissioner may require providers to submit the course providers' Appendix “H” per course in electronic form to the Department, or may require the provider to submit information to an outside vendor or other parties contracting with the Commissioner to maintain and update insurance licensees' continuing education data. If an attendee does not sign the roster provided as Appendix “H”, credit will not be granted for the course. The course provider shall maintain copies of the Appendix “H” Appendix “G” in a format that is subject to review by the Commissioner.
B. Every person/producer subject to this Rule shall tender a $10 CE filing fee in the manner and at the time as directed by the Commissioner or by a vendor of the Commissioner until the implementation of the biennial renewal period. On or before their birthdate each biennial renewal period, Arkansas resident producers or adjusters who are required to meet continuing education requirements, must pay $20.00 continuing education filing fee in accordance with Rule 57, simultaneously with the other fees required to renew or continue licensure.
C. Excess educational hours accumulated during any biennial period may be carried forward only to the next biennial period, subject to other limitations in this Rule. Continuing education carried forward to the following calendar year shall expire upon commencement of the second (2nd) biennial period following completion of the hours. Additional Ethic hours will carry over as regular hours and not as ethic education.
D. For good cause shown, the Commissioner may grant an extension of time during which the requirements may be completed.

Credits

Amended Sept. 30, 2010; Oct. 16, 2010; Feb. 7, 2016.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 054.00.50-8, AR ADC 054.00.50-8
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