Oklahoma § 36-1435.6 - Examinations

§ 36-1435.6. Examinations

A. A resident individual applying for an insurance producer

license shall pass a written examination unless exempt pursuant to

Section 1435.10 of this title. The examination shall test the

Oklahoma Statutes - Title 36. Insurance

knowledge of the individual concerning the lines of authority for

which application is made, the duties and responsibilities of an

insurance producer and the insurance laws and regulations of this

state. Examinations required by this section shall be developed and

conducted under rules and regulations prescribed by the Insurance

Commissioner.

B. The Commissioner may make arrangements including contracting

with an outside testing service, for administering examinations and

collecting the nonrefundable fee set forth in Section 1435.23 of

this title.

C. Each individual applying for an examination shall remit a

nonrefundable fee as prescribed by the Insurance Commissioner as set

forth in Section 1435.23 of this title.

D. Prior to completion and filing of the application, the

Insurance Commissioner shall subject each applicant for license as

an insurance producer, as defined pursuant to paragraph 7 of Section

1435.2 of this title, to an examination approved by the Commissioner

as to competence to act as a licensee, which each applicant shall

personally take and pass to the satisfaction of the Commissioner

except as provided in Section 1435.10 of this title. The

Commissioner may accept examinations administered by a testing

service as satisfying the examination requirements of persons

seeking license as agents, solicitors, counselors, or adjusters

under the Oklahoma Insurance Code. The Commissioner may negotiate

agreements with such testing services to include performance of

examination development, test scheduling, examination site

arrangements, test administration, grading, reporting, and analysis.

The Commissioner may require such testing services to correspond

directly with the applicants with regard to the administration of

such examinations and that such testing services collect fees for

administering such examinations directly from the applicants. The

Commissioner may stipulate that any agreements with such testing

services provide for the administration of examinations in specific

locales and at specified frequencies. The Commissioner shall retain

the authority to establish the scope and type of all examinations.

E. If the applicant is a legal entity, the examination shall be

taken by each individual who is to act for the entity as a licensee.

F. Each examination for a license shall be approved for use by

the Commissioner and shall reasonably test the knowledge of the

applicant as to the lines of insurance, policies, and transactions

to be handled pursuant to the license applied for, the duties and

responsibilities of the licensee, and the pertinent insurance laws

of this state.

G. Examination for licensing shall be at such reasonable times

and places as are designated by the Commissioner.

Oklahoma Statutes - Title 36. Insurance

H. The Commissioner or testing service shall give, conduct, and

grade all examinations in a fair and impartial manner and without

discrimination among individuals examined.

I. The applicant shall pass the examination with a grade

determined by the Commissioner to indicate satisfactory knowledge

and understanding of the line or lines of insurance for which the

applicant seeks qualification. Within ten (10) days after the

examination, the Commissioner shall inform the applicant and the

appointing insurer, when applicable, as to whether or not the

applicant has passed. An application for licensure shall be made

within two (2) years after passing the examination.

J. An applicant who has failed to pass the examination for the

license applied for may take the examination subsequent times.

Examination fees for subsequent examinations shall not be waived.

K. An applicant for a license as a resident surplus lines

broker shall have passed the property and casualty insurance

examination on the line or lines of insurance to be written to

qualify for a surplus lines broker license.

Added by Laws 2001, c. 156, § 6, eff. Nov. 1, 2001. Amended by Laws

2002, c. 307, § 13, eff. Nov. 1, 2002; Laws 2004, c. 274, § 8, eff.

July 1, 2004; Laws 2006, c. 264, § 44, eff. July 1, 2006; Laws 2009,

c. 176, § 24, eff. Nov. 1, 2009; Laws 2011, c. 242, § 2 and Laws

2011, c. 293, § 2, eff. June 20, 2011; Laws 2012, c. 44, § 3, eff.

Nov. 1, 2012; Laws 2022, c. 225, § 3, eff. Nov. 1, 2022.

NOTE: Laws 2011, c. 242, § 2 and Laws 2011, c. 293, § 2 made

identical changes to this section.