A producer's license issued by the Insurance Commissioner is valid for what period before it must be renewed?
a.4 years
b.1 year
c.2 years
d.3 years
Explanation
Section 1633 provides that producer licenses are issued for a two-year term and must be renewed before expiration. One, three, and four years are not the statutory cycle.
Law Reference: Cal. Ins. Code §1633Practice all 215 questions free — no signup required.
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