State RegulationsMI specificDifficulty 1/5
Which statement accurately describes the term of a Michigan resident individual producer license?
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Answer & full 3-part explanation (select an option above, or peek)
Why B is correct
M.C.L. 500.1206(2)-(3) provides that a Michigan resident individual producer license remains in effect unless suspended or revoked, so long as the producer satisfies continuing education requirements. Michigan has no fixed license term or renewal date; the ongoing CE obligation under M.C.L. 500.1204c is what keeps the license in good standing.
Why the other options are wrong
- A) Michigan does not impose an annual license renewal for resident individual producers; there is no expiration date to renew against.
- C) The 2-year cycle governs continuing education hours under M.C.L. 500.1204c, not a license expiration; missing CE puts the license at risk but the license itself has no 2-year term.
- D) 180 days is the maximum duration of a temporary license under M.C.L. 500.1211b, not the term of a regular producer license.
Memory hook
Michigan licenses never hit an expiry date — they only die by suspension, revocation, or skipped CE.