State RegulationsGA specificDifficulty 1/5
For a Georgia producer whose birthday falls in May, the regular license term runs for how long, and when does it expire?
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
Under O.C.G.A. § 33-23-18, a Georgia producer license is issued for a term of two years and expires on the last day of the licensee's birth month, which staggers renewals across the calendar. Knowing the birth-month anchor matters because a producer who misses the expiration date faces late-renewal consequences under Georgia Insurance Department procedures.
Why the other options are wrong
- B) The Georgia term is two years, not one, and expiration tracks the birth month rather than the issue date.
- C) The term is two years, and expiration falls on the last day of the birth month rather than on the birthday itself.
- D) Five years is not the Georgia producer license term.
Memory hook
Two-year term, birthday-month deadline.