PassSprint

One rule, 3 ways the exam asks it. Same knowledge point, different phrasing — work through all of them, because the exam rarely reuses the wording.

State RegulationsNC specificDifficulty 1/5

A producer failed to complete the required CE hours by the compliance deadline and the license is set to lapse. Under G.S. 58-33-130(c), what alternatives may be applied in lieu of the lapse?

Select an option to reveal the answer and the full 3-part explanation — free, no signup.

Answer & full 3-part explanation (select an option above, or peek)

Why A is correct

Under G.S. 58-33-130(c), a license failure to meet CE requirements causes the license to lapse, except that the Commissioner (or administrator) may grant an extension for good cause and/or charge an administrative fee of $75 in lieu of the lapse. Waivers exist only for military service or long-term physician-certified medical disability, so ordinary missed deadlines are handled through the extension or the $75 fee.

Why the other options are wrong

  • B) CE noncompliance is cured by extension, fee, or waiver under G.S. 58-33-130(c); no re-examination is involved.
  • C) There is no automatic reinstatement; the lapse stands unless the Commissioner grants an extension or accepts the fee.
  • D) $50 is the license application fee under G.S. 58-33-125(c); the in-lieu-of-lapse administrative fee is $75.

Memory hook

Miss your hours? Seventy-five dollars may buy back the lapse.

State RegulationsNC specificDifficulty 2/5

A licensed producer fails to complete the required continuing education by the end of the biennial period. What may the Commissioner do in lieu of allowing the license to lapse?

Select an option to reveal the answer and the full 3-part explanation — free, no signup.

Answer & full 3-part explanation (select an option above, or peek)

Why D is correct

Under G.S. 58-33-130(c), a license holder who fails the CE requirement lapses unless the Commissioner grants an extension for good cause and/or charges an administrative fee of $75 in lieu of lapse. Waivers are limited to military service or long-term physician-certified medical disability under 11 NCAC 6A .0802(i).

Why the other options are wrong

  • A) Revocation without a hearing is not the statutory response to CE noncompliance; G.S. 58-33-130(c) provides the extension and fee alternatives.
  • B) The $100 to $1,000 civil penalty of G.S. 58-2-70(d) is not the remedy the CE statute prescribes in lieu of lapse.
  • C) A fixed 90-day suspension is not provided by G.S. 58-33-130(c); the statute uses lapse, extension for good cause, or the $75 fee.

Memory hook

Missed CE? Pay 75 bucks or show good cause - otherwise the license lapses.

State RegulationsNC specificDifficulty 2/5

A producer discovers shortly after the deadline that she is one credit hour short for the biennial continuing education period. Rather than allowing her license to lapse, what may the Commissioner do?

Select an option to reveal the answer and the full 3-part explanation — free, no signup.

Answer & full 3-part explanation (select an option above, or peek)

Why D is correct

Under G.S. 58-33-130(c), a producer who fails to meet the continuing education requirement suffers a lapse of the license, but the Commissioner (or the administrator) may grant an extension for good cause and/or charge a $75 administrative fee in lieu of the lapse. Permanent relief is far narrower: waivers are available only for military service or long-term medical disability that is physician-certified, under 11 NCAC 6A .0802(i).

Why the other options are wrong

  • A) There is no automatic two-year extension; any extension depends on good cause being shown to the Commissioner.
  • B) The $100 to $1,000 civil penalty under G.S. 58-2-70 is not the remedy for a CE shortfall — the statute provides the $75 administrative fee mechanism instead.
  • C) Continuing education noncompliance causes a lapse curable by the fee or extension; it does not trigger mandatory reexamination.

Memory hook

Short on CE? $75 buys your way out of a lapse — if the Commissioner agrees.

Related Practice Questions