State RegulationsNC specificDifficulty 3/5
A licensed North Carolina producer dies, and her spouse wants to keep the agency operating. Under G.S. 58-33-66, which statement about the temporary license the spouse may obtain is correct?
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
Under G.S. 58-33-66, a temporary license may be issued to the spouse or personal representative of a deceased or disabled producer; no examination is required, the duration may not exceed 180 days (longer only for good cause), it terminates when the business is transferred, and the Commissioner may require a licensed sponsor. The fee equals the regular license fee and may credit against the sponsor's appointment fee.
Why the other options are wrong
- B) The entire purpose of a temporary license is to allow continuation of the business without an examination.
- C) The license is strictly time-limited to 180 days absent good cause and ends when the business is transferred; indefinite renewal is unavailable.
- D) Military service is one eligible situation, but death or disability of a producer is another; the option wrongly narrows the statute.
Memory hook
Temporary license: no exam, 180 days, gone when the business moves on.