State RegulationsNC specificDifficulty 2/5
A newly licensed North Carolina producer asks the NCDOI when her producer license will expire and require renewal. Under G.S. 58-33-26(l), the correct answer is that the license:
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
Under G.S. 58-33-26(l), a North Carolina producer license has no fixed expiration date; it stays in force until suspended or revoked. Compliance is maintained through continuing education and insurer appointments rather than a periodic renewal cycle, so the two-year renewal model used in many other states does not apply here.
Why the other options are wrong
- B) The two-year renewal cycle is not part of North Carolina law; no periodic expiration exists.
- C) There is no annual expiration date for a North Carolina producer license.
- D) No five-year term exists; the license runs until suspended or revoked.
Memory hook
NC licenses don't age out — they only die by suspension or revocation.