(215 ILCS 5/500-90)
(Section scheduled to be repealed on January 1, 2027)
Sec. 500-90.
Reciprocity.
(a) The Director shall waive any requirements for a nonresident license
applicant
with a valid license from his or her home state, except the requirements
imposed by Section 500-40 of this Article, if the applicant's home state awards
nonresident licenses to residents of this
State on the same basis.
(b) A nonresident producer's satisfaction of his or her home state's
continuing
education
requirements for licensed insurance producers shall constitute satisfaction of
this
State's continuing
education requirements if the non-resident producer's home state recognizes
the satisfaction of
its continuing education requirements imposed upon producers from this State
on the same basis.
(Source: P.A. 92-386, eff. 1-1-02.)
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