30 Miss. Code. R. 1601-9.2 - Licensee Status
A. Active licensees
not submitting the required premium or providing the required proof of
acceptable independent coverage within 30 days after the due date of the
premium shall be placed automatically on inactive status at the end of the 30
day period.
B. Inactive licensees
will not be required to pay the premium until changing to active status and the
premium will be assessed on a pro rata basis. However, inactive licensees will
be invoiced at the beginning of the policy period. They may pay the full
premium at that time if they desire.
C. New licensees will be given notice when
their license is issued to provide proof of coverage within 30 days of the
issuance of license or pay the premium specified on a pro rata basis. Failure
to do so will result in their license being changed to inactive
status.
Notes
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