What must a nonresident producer do to obtain a license in this state?

To obtain a license as a nonresident producer in North Dakota, it is essential to apply and pay a fee to a nonresident state that has a reciprocal agreement with North Dakota. This is rooted in the principles of reciprocity in licensing, which allows licensed producers from other states to operate in North Dakota without having to fulfill additional local requirements usually imposed on resident producers.

Reciprocal agreements are common in the insurance industry, allowing licensed individuals to conduct business across state lines more efficiently. By paying the required fee and completing the application process, the nonresident producer acknowledges their compliance with North Dakota regulations, enabling them to sell insurance products to residents of the state.

The other options fail to represent the actual requirements. Providing proof of residence is not applicable for nonresidents, attending a seminar doesn't occur as a licensing requirement, and passing a state examination generally applies to residents seeking to obtain a new license rather than nonresidents pursuing reciprocal licensing. Therefore, the correct approach is to engage with the licensing agreements that exist between states.