33-2-313 . Revocation or suspension of license. (1) The commissioner shall revoke or suspend any surplus lines insurance producer's license, together with any license as an insurance producer: (a) if the insurance producer fails to file a tax and fee statement or to remit the tax and fee as required by law; (b) if the insurance producer fails to keep the records or to allow the commissioner to examine the records, as required by law; (c) if the insurance producer falsifies the submission form required by 33-2-310 ; (d) if the insurance producer closes the surplus lines insurance producer office for a period of more than 30 business days, unless the commissioner grants permission otherwise; (e) if the insurance producer violates any provision of this part; or (f) for any of the causes for which an insurance producer's license may be revoked. (2) The procedures provided by 33-17-1001 for the suspension, revocation, or refusal to license or renew a license or for imposing a fine on an insurance producer or applicant apply to the suspension, revocation, or refusal to license or renew a license or to imposing a fine on a surplus lines insurance producer or applicant. (3) An insurance producer whose license has been revoked or suspended may not again be licensed within 1 year after revocation or suspension or until the insurance producer pays all penalties and delinquent taxes that are owed.
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