953d

(1) The Commissioner may issue temporary licenses as producer in the following cases:(a) To the surviving spouse or next of kin or the administrator or executor or to an employee of the administrator or executor of the deceased authorized producer.(b) To the spouse, next of kin, employee or legal guardian of an authorized producer who has become disabled due to illness, injury or insanity or because of reasonably required temporary absence from Puerto Rico or for being in active full-time military service.(c) To the surviving member or employee of a partnership or the surviving official or employee of a corporation authorized as producer, upon the death or disability of the person designated in the license to exercise the powers thereof.(d) An applicant for the license as producer while waiting to complete the corresponding examination satisfactorily.(e) In any other case whereby the Commissioner deems that the public interest shall be better served by the issue of such a license.(2) In order to be eligible for a temporary license, a person shall qualify as if for a regular license, except as to the experience, education, and passing the examination.

e issue of such a license.(2) In order to be eligible for a temporary license, a person shall qualify as if for a regular license, except as to the experience, education, and passing the examination. However, applicants shall show that they have a representation contract with an insurer authorized to do business in Puerto Rico, so that they may be exempted from submitting proof of financial liability as provided by § 922 of this title.(3) Any fee paid to the Commissioner for issuing a temporary license shall be credited to the fees required for issuing a permanent license, should the same be issued to replace the temporary license before it expires. History —Ins. Code, added as § 9.440 on Jan. 19, 2006, No. 10, § 8; Aug. 2, 2006, No. 143, § 1.