State RegulationsNC specificDifficulty 1/5
A producer licensed in North Carolina asks a licensing specialist when her producer license must be renewed. Under G.S. 58-33-26, which answer is correct?
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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 does not carry a fixed expiration date; it authorizes the producer to act until it is suspended or revoked. Ongoing compliance is maintained through continuing education requirements and insurer appointments, and license fees are nonrefundable. North Carolina does not use the fixed-term renewal cycle common in other states.
Why the other options are wrong
- B) A two-year renewal cycle is the practice of other jurisdictions; North Carolina licenses run until suspended or revoked.
- C) No birthday-based expiration exists in North Carolina licensing law; the license has no fixed expiration date at all.
- D) There is no five-year term and no reexamination trigger; the license stays in force absent disciplinary action.
Memory hook
NC producer license: no clock, no renewal - good until suspended or revoked.