N.Y. Insurance Law § 2202: Prerequisites

§ 2202. Prerequisites. (a) Certification shall not be made by the

superintendent unless there shall be on file in his office the following

documents:

(1) a written application by the person to be certified in such form

and containing such information the superintendent prescribes; and

(2) a statement executed by an officer of the insurer or the savings

bank which is to be named in such certificate, that the insurer or bank

is satisfied that the applicant is trustworthy and competent to

negotiate for applications or orders for life insurance or annuity

contracts and to solicit and procure from the public such applications

or orders.

(b) (1) In order to determine trustworthiness and competency, the

applicant shall be required to pass a personal written examination to

the satisfaction of the superintendent. Such examination shall be held

at times and places set by the superintendent. Every individual taking

any such examination shall pay to the superintendent, or at the

superintendent's discretion, directly to any organization that is under

contract to provide examination services, an examination fee of an

amount which is the actual documented administrative cost of conducting

said qualifying examination as certified by the superintendent from time

to time. An examination fee represents an administrative expense and is

not refundable.

(2) No individual shall be qualified to take the examination unless he

possesses the same qualifications regarding insurance course

requirements as those required pursuant to subparagraph (A) of paragraph

two of subsection (f) of section two thousand one hundred three of this

chapter for agent licensing pursuant to such section.

(3) The superintendent may accept, in lieu of the examination required

by paragraph one hereof, the result of any previous written examination

given by him which in his judgment is equivalent to the examination for

which it is substituted.

(c) The superintendent may refuse to certify any person if, in his

judgment, such person is not trustworthy and competent, or has failed to

comply with any prerequisite for the issuance of such certificate.

(d) The superintendent may issue a replacement for a currently in

force certificate which has been lost or destroyed. Before such

replacement certificate shall be issued, there shall be on file in the

office of the superintendent a written application for such replacement

certificate, affirming under penalty of perjury that the original

certificate has been lost or destroyed, together with a fee of fifteen

dollars.