When the annual statement of an insurance company licensed to do business in this
state has been filed and the company's check or cash for the amount of all fees and
taxes required has been tendered, the company's license to do business in this state
shall be automatically extended until the commissioner refuses to relicense such company,
and, when a check or cash for the fee has been tendered by the company for renewal
of an agent's license, the license shall automatically be extended until the commissioner
refuses to renew the license.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Response sent, thank you
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.