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Alaska Administrative Code (Last Updated: January 12, 2017) |
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Title 3. Commerce, Community, and Economic Development. |
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Part 3.1. Banking, Securities, Small Loans and Corporations. |
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Chapter 3.23. Producers, Managing General Agents, Surplus Lines Brokers, Reinsurance Intermediary Managers, Reinsurance Intermediary Brokers, Third Party Administrators, and Independent Adjusters. |
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Article 3.23.1. Licensing Requirements. |
Section 3.23.120. Computation of continuing education credit hours.
Latest version.
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(a) The director will determine the number of credit hours to be assigned to each continuing education course based on (1) presentation hours for a contact class course; or (2) the word count of the course study material for a self-study course. (b) A licensee may earn credit hours for a course only if the licensee successfully completes the course and the course meets the requirements under 3 AAC 23.188. (c) Credit hours for a course will not be considered by the director when determining whether a licensee has met the continuing education requirements under AS 21.27.020(f) and 3 AAC 23.100 - 3 AAC 23.208 until (1) a continuing education provider has submitted a complete course roster or other evidence to the director that the licensee has successfully completed the course and the licensee's successful completion of the course appears on the licensee's online transcript on file with the director; (2) the licensee has paid the processing fee under 3 AAC 31.060 and submitted to the director a request to have the director manually process any continuing education provider-sponsored continuing education course successfully completed by the licensee; or (3) the licensee has paid the processing fee under 3 AAC 31.060 and submitted to the director a request to have the director consider, approve, and manually process a continuing education course completed under 3 AAC 23.204. (d) Compliance by a licensee in meeting the continuing education requirements of AS 21.27.020(f) and 3 AAC 23.100 - 3 AAC 23.208 will be determined based on the completion date of each course. The director will review a licensee's transcript on file with the director to determine whether the licensee has met the continuing education requirements. A licensee is responsible for monitoring the licensee's continuing education transcript on file with the director to ensure that the licensee's transcript is current and accurate. The licensee shall notify the director of any discrepancies in the transcript.
Authorities
21.06.090;21.27.020