(a) The continuing education requirements imposed under Chapter 4004 do not apply
to a person who:
(1) holds a license issued under this chapter; and
(2) is in compliance with the continuing education requirements of the person's state
(b) A person who holds a license issued under this chapter and who does not hold an
insurance agent's license in the person's state of residence shall comply with the
continuing education requirements imposed under Chapter 4004.
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