State RegulationsCO specificDifficulty 2/5
A producer moves to Colorado after holding a resident license in the producer's former home state in good standing; the home-state resident license was held within 90 days before applying. What does Colorado law provide?
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
Colorado grants nonresident reciprocity to an applicant holding a home-state license in good standing, and Reg. 1-2-5 exempts from prelicensing education and the examination an applicant who held a home-state resident license within 90 days prior. If electronic verification of the home-state license fails, a letter of clearance can be used to document the credential.
Why the other options are wrong
- B) The 50-hour prelicensing requirement applies to first-time applicants, not to a reciprocal applicant with a recent home-state license under Reg. 1-2-5.
- C) Under the reciprocity rule the producer is exempt from both prelicensing education and the examination, not from the education alone.
- D) No waiting year applies; the exemption is available when the home-state resident license was held within 90 days prior.
Memory hook
Recent home-state license? Colorado waives the class and the test.