When an agent submits a license renewal application with the required renewal fee on or before the expiration date, which of the following statements is true?

A. If they have not received the new license by the day after the current license expires, they may not transact until the new license is received.
B. The agent may transact all normal business for up to 60 days after the specified expiration date.
C The agent may only transact after the expiration date if they have received a payment receipt from the department.
D. The agent may transact only if they appear in person to the DOI and request a temporary extension of their license.

Ans: B. The agent may transact all normal business for up to 60 days after the specified expiration date.

Business

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