PLNJmedium
A New Jersey resident producer is suspended in another state for misappropriating premium. Within what period must the producer report the action to DOBI under N.J.S.A. 17:22A-43?
AOnly at the next biennial renewal
Within 30 days of the final disposition
COnly if the producer also holds a non-resident license in the disciplining state
DWithin 5 years
Why this is the answer
Under N.J.S.A. 17:22A-43, an NJ producer must notify the Commissioner within 30 days of any administrative action against the producer in another state or by any governmental agency. The same 30-day window applies to criminal prosecutions, measured from the initial appearance. Failure to report is itself a ground for discipline under N.J.S.A. 17:22A-40.
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