WVC 33 - 12 - 17
§33-12-17. Expiration of license; renewal.
(a) The commissioner may, in his or her discretion, fix the
dates of expiration of respective licenses for individual insurance
producers and solicitors in any manner as is considered by him or
her to be advisable for an efficient distribution of the work load
of his or her office. If the expiration date so fixed would upon
first occurrence shorten the period for which license fee has
theretofore been paid, no refund of unearned fee shall be made; and
if the expiration date so fixed would upon first occurrence
lengthen the period for which license fee had theretofore been
paid, the commissioner shall charge no additional fee for the
lengthened period. If another date is not so fixed by the
commissioner, each license shall, unless continued as herein above
provided, expire at midnight on the thirty-first day of May next
following the date of issuance. The commissioner shall renew
annually on the date as provided for in this section the license of
the licensee who qualifies and makes application therefor, and has
paid the fees set forth in section thirteen, article three of this
chapter; and section ten of this article.
(b) All producer licenses of insurance agencies shall expire
at midnight on the thirtieth day of June following the date of
issuance. The commissioner shall renew annually the license of all
licensees who qualify and make application therefor and have paid
the fees set forth in section ten of this article.
Note: WV Code updated with legislation passed through the 2015 Regular Session
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